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File: 236 KB, 574x245, dollar_bill_rick.png [View same] [iqdb] [saucenao] [google]
22830224 No.22830224 [Reply] [Original]

inb4 moon $PICKLE

DON'T BUY PICKLE

>> No.22830401

bomp

>> No.22830454

>>22830224
delete this now

>> No.22830585

>>22830454
HEHE WHY DOES EVERYONE KEEP SAYING THIS?

>> No.22830697

>>22830585
moon niggers are the worst after the "why dump" faggots and "why APY not 99999%"

>> No.22830889
File: 8 KB, 235x215, 095239528.jpg [View same] [iqdb] [saucenao] [google]
22830889

>mfw all these keks fell for the whale shill campaigns who kept trying to push up the value of YFV as the price kept dumping
>all the while pickle receives no attention, has increasing liquidity despite 500% farms (really still 1000% if you factor in price appreciation), and doesn't get shilled at all

>> No.22830902

>>22830224
ok no pickle now tel me more about SAFEX sir

>> No.22830948

>>22830224
Why would anyone buy this reddit coin? Do you realize that 10 pickles were created out of thin air every block for an entire week? This thing has an unlimited supply and you WILL get dumped on as long as there is liquidity

>> No.22830994

>>22830948
>he doesn't know about the halving every week
pickle is going to moon

>> No.22831544

>>22830994
Read my post nigger i said they only created 10 pickles per block in the first week. now it's at 2.5 so the APY is trash and all the OGs are ready to dump on your ass.

>> No.22831795

>>22831544
off peg bad, on peg good

>> No.22831834

>>22831544

What a dumbass. There's only gonna be ~1.3m pickles in existence, plus the devs are preparing some sort of integration with YFI (based on blue pickle meme) and the price did not tank at all the previous halving. There's also pickle staking coming next week.

This is going to $450 in the next month easy.

>> No.22831867

>>22831834
This is like RSR, isn't it? Top kek. VCs again utterly BTFOd by shitty ERC20 defi memes.

>> No.22831876

Should I unironically dump my 2mm RSR to buy pickle?

>> No.22831915

ahh look at me morty i'm a crypto :P haha

>> No.22831919

>>22831867

No what the fuck. Completely different use cases and problems to solve, pickles are for keeping stablecoins on-peg.

>>22831876

Yes

>> No.22831933

>>22831919
Isn't RSR doing the same by "arbing" RSV and burning RSR in the process? If RSR doesn't "arb" RSV, RSV loses its peg...

>> No.22831998

>>22831834
Supply is unlimited so i don't know where you're pulling these numbers from.

Also, no chance a coin named pickle which is only available on uniswap will ever reach a 600,000,000 market cap. Keep dreaming faggot.

>> No.22832022

>>22831933
Why do you think RSV is backed by 3 stablecoins and a hundred more late stage? RSR is about purchasing excess RSV as per the vault accumulation and auction.

>> No.22832050
File: 186 KB, 1336x1108, emission schedule.png [View same] [iqdb] [saucenao] [google]
22832050

>>22831998

https://snapshot.page/#/pickle/proposal/QmYZqjjvgkC3u4nNXf5ywufVWGtNj1VAEkg8PJ7Z2P6nzx

Do the math faggot. Supply is technically infinite but inflation will add such a small amount of pickles every year it's effectively capped.

>> No.22832062

Desu, I don't know what RSR does 100%. Only vaguely know that it's used to arb and RSV is the stablecoin. Kek. I bought pickle because it seemed similar and solves a peg problem while making profit in the process.

>> No.22832081

>>22831933
no burning here faggot. I almost feel bad for how easy this shit gives me money

>> No.22832087

>>22832050
By that time one pickle will be worth $10000 each, defi in the hundreds of billions, and farming it still worthwhile.

>> No.22832094

>>22832081
There was burning but it's going to be replaced by staking rewards AFAIK.

>> No.22832131
File: 84 KB, 683x615, picke staking etc.png [View same] [iqdb] [saucenao] [google]
22832131

>> No.22832137

>>22832050
So what happens next week when harvesting is no longer profitable and everyone pull out their liquidity to find the next food coin meme?

>> No.22832145

>>22832137
They are considering to divert fees to reward LPs in case of a liquidity crisis.

>> No.22832175

>>22830948
not going to dump until its pumped and I will be dumping with them

>> No.22832183

>>22831876
YES!>>22831915
kek

>> No.22832246

>>22830697
>'u moon niggers'
you mean people who want to make money? oh yeah we are terrible terrible people!!

>> No.22832333

Pic in OP should soon be a $1k bill desu, not $1..

>> No.22832394

>>22830224
>don't buy pickle
I keep breaking even trying to farm it, not willing to risk any more eth on this shit. Just gonna ride the pickle train with my 150 pickles now.

>> No.22832719

>>22832394
with pickle power? are you insayan?

>> No.22832771
File: 19 KB, 751x232, yearnmafia.jpg [View same] [iqdb] [saucenao] [google]
22832771

>marketcap: 32M
>pickle jars (not the farms!) locked value: 130M

Their vaults have 4 times the marketcap. Y'all understand how fucking bullish this is right?
just so you understand, yfi has 850m cap and "only" 800M on their locked. That's a 0.94 ratio...

Yearn mafia is seething kek

>> No.22833084 [DELETED] 

>>22832771
Yfi mooned because of the p/e, too. But an image earlier mentioned a positive feedback loop + the fees could result in a high p/e, too.

>> No.22833100

>>22832771 #
Yfi mooned because of the p/e, too. But an image earlier mentioned a positive feedback loop + the fees could result in a low pickle p/e, too. (meaning moon)

>> No.22834129

Among the farming tokens, this is one of the most interesting, based stablecoin arbitrage.

>> No.22834474

>>22832333
ok but i didn't make the pic and they dont exist