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/biz/ - Business & Finance

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22597295 No.22597295 [Reply] [Original]

Will YFV go back up again?

>> No.22597308

No. Kek. Imagine falling for a flavor of the month during scam season

>> No.22597323

>>22597295
No. Every announcement, every change, everything they do and all the price does is plummet.

>> No.22597328

>>22597308
every season is scam season you dumb nigger

>> No.22597351

Idk and even though I bought at 15 and farmed for almost a month I wish I never did. Not worth the gas and time and stress for my meager profits.

>> No.22597440

>>22597295
Yes.

>> No.22597774

>>22597295
I believe it’s a cigarette

>> No.22597786

We seem to be leveling out at $14-$15, I hope at least.

>> No.22597797

>>22597351
At least you're not retarded as someone who's at the very least 4x from breaking even..

>> No.22597800

yeah it will go up at least 10x

>> No.22597813

>>22597295
>only has promises
>defi moves faster than yfv can keep up
Kek, it's fucking over l

>> No.22597838

>>22597813
In what way? No one is competing with YFV at the moment. Value Liquid will literally make Balancer obsolete and steal most of it's TVL.

>> No.22597926
File: 6 KB, 250x151, 1575465799085s.jpg [View same] [iqdb] [saucenao] [google]
22597926

kekkkk Don't know as it's a biggest scam of the crypto.
If you looking for more shitcoins look at EasyFi Network .
Hype growing up as it's the First DeFi protocol built on layer 2 solution .
Forked from Compound and NO Tokensale thereby no fear of getting dumped.
So Protocol going live this week jump in and start farming and get Dual Staking Rewards in a $EASY way

>> No.22598382

I made like 13K USD worth of YFV the last 2 weeks or so from farming. I'm not even dumping my stack. I think it will produce insane passive income given enough time. They are about to rekt Balancer and steal half their liquidity. 350 Million roughly. They will also steal from Uniswap and Sushiswap with the migration contract but its hard to say how much. If you bought in high that sucks you will have to wait a little while for the system to mature but if you only farmed or bought in under 20 you will probably be pretty pleased soon

>> No.22598678
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22598678

>>22597295
No, we are the new link

>> No.22598931
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22598931

>> No.22599202

Why is YFI so much more successful than YFV though?

>> No.22599237

>>22597786
youd be wrong

>> No.22599254

>>22599202
First mover advantage. YFV still had a lot in the pipeline. We will see if they can do it successfully.

>> No.22600380

>>22599254
wanna buy back.... i need to see price movement first

>> No.22601051

Based I have just over 1000 YFV now and I'm in the top 150 wallets

>> No.22601137
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22601137

Go up you fucking nigger

>> No.22601170

>>22601137

If it returns to $40 I'll be making 5K USD per month lmao

>> No.22601207

>>22601051
Arent you scared of losing half of your stack?

>> No.22601288

>>22601207

What am I losing half my stack to?

>> No.22601383

>>22601288
Price dropping by half

>> No.22601569

>>22601383

Oh lol no the team is releasing all of the additional revenue metrics for the Governance vault in about 3 days and I farmed almost all of it anyway. I doubt it will fall much more and if it does oh well

>> No.22601575

what are the best returns for a poorfolio having 75 YFV?

>> No.22601631

>>22597295
just be private and be like Norse gods. be the LOKI and of the LOKI and in the LOKI

>> No.22601646

>>22601569
What did you farm them with? Is it even worth farming them anymore?

>> No.22601675

>>22601383
I'm in this for the REAL long term. We are about to have 500 million or so TVL whenever the migration contracts from Balancer/Uniswap/Sushiswap go live for Value Liquid swap. .05% of the VL swap goes to the Governance vault. Value Vaults in 3 days as well where 6.8% of the profits go the Governance Vault. Yield farming with Governance Vault as collateral in the works too. By far the most profit metrics than any yield aggregator token I've seen.

>> No.22601818

>>22601646
LINK. The current Balancer pool is about to end in 3 hours and the new one that rewards VALUE token is going to be launched. The inflation rate will likely be lower but by how much I'm not sure. The community voted for tons of changes but the devs already burnt the governance keys so they had to make a new token in order to implement everything. The total token supply will be 6.37 Million. I'll probably re enter the LINK/YFV pool to earn VALUE once its ready. After all the VALUE is farmed there will be a vote to phase out YFV for just VALUE. You can swap between them right now 1:1.

>> No.22601921

>>22601818
I sold my LINK a while ago and have been farming with YFV I bought, but with how inflationary it is it seems smarter to farm with different tokens.
What exactly is the difference between YFV and VALUE? Is there any reason to not swap over all your YFV to VALUE?

>> No.22602158

>>22601921
There is no reason to swap over yet from what I can tell as there is no liquidity to sell the VALUE if you need for whatever reason. Any VALUE rewards can be swapped to YFV though to reinvest for more staking or sell. I had futures positions I sold on LINK from 17-19 but I have my main holdings I'll never touch as it unpins the 4th Industrial Revolution and is making all the DEFI games even possible. The next 3-5 months should be ridiculous for LINK actually. There is no difference between YFV and VALUE both tokens have the exact same properties they just needed to make a new token to implement the changes.

>> No.22602399

If YFV is swappable for Value, and value is farmed in the same way, won’t we have the same problem with value as we did with YFV? By that I mean, lots of sell pressure from people farming it for free

>> No.22602430
File: 108 KB, 1280x1141, 2020-09-17 19.13.22.jpg [View same] [iqdb] [saucenao] [google]
22602430

>>22602158

Hey high IQ anon. Please red pill me on pic related. Price prediction over next 2 months?

>> No.22602446

>>22602399

inflation is lower and the Governance staking rewards are more attractive

>> No.22602701

>>22602430

Its a pretty straightforward image. Its showing all the revenue models that will recycle fees/profits back to the Governance vault.

If you stake in the Governance vault it will:

-Passively earn vUSD, vETH, and VALUE(YFV basically)
-Use the value of all the VALUE(YFV) staked in the vault as collateral to yield farm other protocols, probably stable coin market making like YFI does with their vaults
-Return 6.8% of profits to Governance stakers form the Value vaults not 6.7% I'm pretty sure
-0.05% swap fee will either give you more VALUE to the Gov vault stakers or burn it reducing supply.

4 different metrics that either give you more rewards or reduce the supply. Its insane most Governance protocols only have the .05% swap fee as their profit model.

>> No.22603737
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22603737

bump