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/biz/ - Business & Finance

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23022531 No.23022531 [Reply] [Original]

Unironicallt the mo st undervalued project in crypto right now is CAP. Why? Lets start with what it is and why it's not appropriately valued at the moment aka why it might be the opportunity of a lifetime for ((you)).

*Cap.finance is a decentralized platform for crypto perpetuals (long/short using up to 100x margin), stock synthetics (5000+) and forex synthetics (200+) as a main product. It will also build their own native oracles, have lending/borrowing, staking, asset management, prediction markets, identity, insurance etc.
(blog.cap.finance/2020/09/02/the-roadmap.html)

*The native token CAP generates yield from negative performance (excess funds from CAP Liquidity Pool) of platform users in form of buyback and burn, which will continue to drive up the trading price of CAP. It's also used as a governance token.

Okay, now how valuable could a decentralized perpetual and synthetics platform be? Multicoin Capital thinks it's the most important application in Defi -
>We believe that the largest and most lucrative opportunity in DeFi is to create a protocol that allows anyone in the world to trade any asset. We have been referring to this idea as “Decentralized BitMEX” internally for over a year. The idea of a decentralized exchange protocol that enables synthetic assets is compelling for several reasons.
(multicoin.capital/2020/09/08/trade-offs-in-the-decentralized-bitmex-space/)

CAP's fully diluted market cap is at $7.3M ($61 x 120k CAP).
Lets compare it to the competitors:

SNX is $868M (118x difference)
LINA $134M (18x difference)
BZRX $172M (23x difference)
PERP $163M (22x difference)
Hegic $319M (43x difference)

The platform will launch this month, which means now might be the perfect time to enter before the word starts getting out.
Beta testing for perpetuals is already done: https://www.youtube.com/watch?v=0c1oHVFRB4g
Synthetics (AAPL/DAI) are now being tested on Ropsten testnet: synthetics.cap.finance/#/

>> No.23022553

>>23022531
Waiting for it to drop back below $60 before I refill

>> No.23022575

>>23022553
that would be godsent t b h
if your DCA is under $100 you'll be very well off

>> No.23023097

>>23022531
stop spamming your shit in other threads you fucking faggot

>> No.23023346
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23023346

>>23023097
no

>> No.23023416
File: 63 KB, 709x531, 1598494676584.png [View same] [iqdb] [saucenao] [google]
23023416

hello, SEC?

>> No.23023441
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23023441

>>23023416
y-you're not getting my CAP, dumb SEC

>> No.23023860

How do I buy CAP?

>> No.23023879

>>23023860
uniswap
https://www.coingecko.com/en/coins/cap

>> No.23023897

>>23023860
Wait for the weekly alt dump and buy below $60

>> No.23023928

>>23023897
>weekly alt dump
>right before the 9.880M token burn + btc perp public launch

pick 1

>> No.23024042

100k of 10m circulating?

>> No.23024064

>>23022531
Another fucking shill coin
STOP FUCKING BUYING THIS YOU FUCKIN MORONS
YOUR'E GONNA LOSE ALL OF YOUR SAVINGS!!

>> No.23024232

>>23024064
Devs worked for gafa! Anon! (Google Amazon Facebook apple)

>> No.23024247

>>23024042
next week 9.880 million CAP tokens will be burned, in effect making 120k the total supply

it's due to tokenomics model change

>> No.23024623

>>23024247
what are the tokenomics?

>> No.23025353

das juden pajeet