/biz/ - Business & Finance

[Anonymous No.22687280]

AHAHAHAHAHHAAHHAHAHAHAHAHAHAHAHAHHAAHHAHAHAHAHAHAHAHAHAHHAAHHAHAHAHAHAHAHAHAHAHHAAHHAHAHAHAHAHAHAHAHAHHAAHHAHAHAHAHAHAHAHAHAHHAAHHAHAHAHAHAHAHAHAHAHHAAHHAHAHAHAH

[Anonymous No.22687330]

>>22687280
I AM TAKING MY OWN LIFE TONIGHT GOODBYE BIZ FUCK YOU FOR SHILLING THIS SHITTOKEN TO ME SAYING IT WOULD GO UP AGAIN ALL THE WAY DOWN

[Anonymous No.22687369]

1000 eow

[Anonymous No.22687381]

my friend convinced me to buy this at $50.00

[Anonymous No.22688647]

>>22687381
I'M UNIRONICALLY GOING TO KILL MYSELF BIZ, I CAN'T TAKE THIS ANYMORE, YFV WAS THE ONE THAT SHOULD HAVE WON, WTF IS THIS SHIT, WAITING AND WAITING AND WAITING, I HAD 100K

[Anonymous No.22688854]

>>22688647
give it a little more time. See where this is in 2 weeks before you buy rope.

[Anonymous No.22688861]

There's a lot of confusion and Qs being asked that should be more straight forward, so let's beak down why you should be in your positions NOW and not panicking due to the short term pain the makets and YFV is experiencing.

Once VALUE transition is fully completed, along with Vaults, and Value Liquid instead of Balancer... we will all vote to most likely burn the old legacy YFV tokens and contract and move 100% to VALUE.

Leaving us with 3M total supply in VALUE. Meaning today we'd be a $30M fullt diluted project at current value. Understand that. YFValue has $335M TVL today even in a downswing. That puts the project TODAY at #10 overall on the DeFi Pulse top TVL locked list. Few understand what this means.

We are currently valued at $30M marketcap vs. $335M TVL = 1/10th what we should be vs. other projects tacking 1:1 or 1:2 at worst. yearn.finance currently has $942M TVL and marketcap of $806M to put this in perspective.

When the dust settles over the next 1-2 weeks, YFValue will be in a position to compete with the top 5 projects in DeFi. Imagine we get back to even $450M in TVL (we were there just a week or two ago). With VALUE-only and a 3M token supply, do the math of what we should be worth vs. other like projects.

* $10 today price at $30M marketcap (VALUE only at 3M tokens)
* $450M TVL / $30M marketcap = 15x multiplier
= $10 x 15x multiplier = $150 per VALUE token at only $450M in TVL.

You need to understand what we're working towards here and WHY this project is so well positioned once Vaults, Value Liquid, and the move from multi-token, to VALUE-only takes place.

I hope this is helpful in providing a bit calm in the community. It's a long game, but you won't have to wait that long for 15x on this project from these levels. Stay patient and get yourselves positioned. Once we break up, you will be chasing the run up...I can guarantee that.

[Anonymous No.22688914]

OH NONONONONOOO

[Anonymous No.22688952]

impressive decline

[Anonymous No.22688964]

>>22687280
>YFI dumped into single digits
lol

[Anonymous No.22689032]

>>22688861
if we migrate from YFV to Value, it will be 4 million Value at absolute minimum. This is thanks to 1:1 swapping.

Thats why its so important the team gets its act together NOW, before we get 33% more supply to be dumped. We are not a price level to afford that.

There will be 6.37 million Value total, not 3 million. the Swap adds more emission, its just the emission rate is somewhat more sane.

[Anonymous No.22689087]

*Team says nothing* AHHHHHHHHHHHH THIS SILENCE IS KILLING ME

[Anonymous No.22689157]

it got hacked what do you not understand

[Anonymous No.22689188]

>>22688854
unironically this. if you have 100k, smack them in the vault and whale away

[Anonymous No.22689305]

>>22688647
What you're seeing right now is uncertainty and doubt with the token swap. normies can't into that shit even though YFV = VALUE right now, and you basically don't have to change/do anything. You don't need to convert your YFV anytime soon (atm you can only wrap it as VALUE which as no real point), and it will probably all be handled automatically at some point in the future.

It still very well could be the one that wins. They've separated themselves from YFI and other YF clones (while still benefiting in the interim by aggregating part of their staking vaults to collect yields on other YF projects), have their own internal platform and revenue streams, etc. Also you have to remember, other than an extremely manipulated pump and dump in the project's first week, this shit is still extremely new, early and with an insanely low mcap.

[Anonymous No.22689448]

YFV? MORE LIKE YOU FUCKING VIRGINS

[Anonymous No.22689485]

the main problem is that tokenomics are out of control. Why the heck do we need 2.37 more tokens to add up to the 4 million Yfv in circulation?

This means once this is fully minted, you will need over 600 million to reach $100.

[Anonymous No.22689608]

>>22689087
this is longterm bullish. I'd be more worried if they had a picture-perfect pr team and focused tons of effort into marketing. They're working on the project (as seen by all the updates they're releasing literally daily) and don't have time to calm angry pajeets down. This is good.

[Anonymous No.22689624]

>>22689032
They need to be farmed first

[Anonymous No.22689645]

>>22689624
and it will probably only take 20-30 days to do so!,

[Anonymous No.22689709]

the project needs to incentivize holding this token (yfv/value) to get something else. Why they keep trying to go Venezuela on the poor token as a reward is beyond me.

[Anonymous No.22689781]

>>22689709
you mean like usd and eth?

[Anonymous No.22689903]

>>22689781
YES except they have no use cases. This entire thing rests on something whose worth so far is anyone's guess. The rest is biding time with the printer.

[Anonymous No.22690030]

useless project that is fundamentally flawed

[Anonymous No.22690212]

>>22688861
So what the fuck should I buy? I've been sitting in the sidelines with some cash waiting for a dip. Do I buy VALUE?

[Anonymous No.22690316]

>>22690212
no, don't buy VALUE, just buy YFV. This is part of the team's problem, they have ridiculously poor communication skills... YFV eventually will be converted into VALUE, and the gov vault is currently rewarding VALUE, but you still stake with YFV and YFV has a lot more liquidity right now.

All you had to do was exit the old staking pool, but you're in no rush to convert to or buy VALUE as opposed to YFV.

[Anonymous No.22690378]

>>22689709
vUSD vault requires YFV to farm (and later VALUE).
Ratio is 10/90

[Anonymous No.22690864]

>>22687280
I got my friend to buy this at $40. It was his first crypto purchase, he only bought 3, and after it hit ATH the next day it started dumping. But he bought it using uniswap on August 31st so he was able to claim 400 UNI.

[Anonymous No.22691266]

>>22688861
You can't burn 3.37 million YFV, that doesn't even make sense, people are holding that. Where the hell are value liquid and vaults?

[Anonymous No.22691316]

>>22690316
So buy YFV and stake it in any pool?

[Anonymous No.22691957]

>>22688861
>YFValue has $335M TVL today
If the shit continues to dump, the pools will drain quickly. No one wants to farm ever-falling shit at measly 100% APY. The whales just will go to more profitable farms.

[Anonymous No.22692014]

HHGNGGNNNNAAAAA NNGGOOOO NGGOOO NHOOO

[Anonymous No.22692078]

>>22690378
where can I sell vUSD and vETH?

[Anonymous No.22692207]

>>22687280
>tfw I sold at 12 for a loss of only 40%
HAHAHHAHAHAHAHHAH

[Anonymous No.22692775]

>>22692078
it's a future worry. now all we need to worry about is for yfv to desappear and let's see how Value goes with a reduced supply and more things to do

[Anonymous No.22692827]

All of you deserve it for buying into copycats token made by opportunistic scammer
Buy RLC.

[Anonymous No.22692880]

>>22689157
explain

[Anonymous No.22693276]

>>22687330
>>22688647
don't do it goy we need more taxpayers.