CORE IS HERE TO STAY

[Anonymous No.23036840]

All yield farming projects need value inputs. For $YFI -> $CRV, it’s selling $CRV on the open market. For $CORE, with it’s deflationary farming, yield comes from a self-contained system. It’s counterintuitive, but value input does not come from market buyers of $CORE

[Anonymous No.23036847]

The two value inputs are from a) people who lock their $ETH permanently in LP to farm yield and b) people who transact in $CORE (taxed at 1% per txn). This means $CORE value inputs come from liquidity, specifically the $ETH side and from transaction volume.

[Anonymous No.23036859]

>>23036840
dont care didnt read
dont post trannies on my board

[Anonymous No.23036864]

Now $CORE has just dumped, from a high of $9.7K to a low of $5.3K. I expect a lot of people had a psychological exit of $10K. People front ran that level, causing a dip -> panic dump. Number of holding addresses dropped by 10% and price dropped over 40%.

[Anonymous No.23036875]

>>23036847
I'm not convinced, anon. But I hope this project will be successful.

[Anonymous No.23036892]

What about $CORE’s value inputs? This is what’s so crazy about the project. The dump added 10% more $CORE to LP just from people selling their $CORE for $ETH. And during the dump $ETH in the LP dropped by over 4,000

[Anonymous No.23036911]

But as of this morning as $CORE hit ATH in LP from selling (adding $CORE and removing $ETH), $ETH is also up 5,000 and also at an ATH from people continuing to lock $ETH liquidity. And volume is monstrous.

[Anonymous No.23036914]

>>23036864
5.3? Glad I was sleeping g during that. Never selling also,I know what lies ahead.

[Anonymous No.23036930]

So the value inputs have only *increased* making the yield for $CORE stakes hold steady even as price of the asset they’re farming dumps 40%. And remember, $ETH in the LP are how farmers cash out their yield. It’s now at ATH.

[Anonymous No.23036945]

So if price recovers to $9K, yield will be significantly higher and more sustainable long term than last time it was at $9K. Needless to say, while I don’t know how $CORE is going to end, I can say confidently it’s not ending anytime soon.

[Anonymous No.23036966]

>>23036930
Yeah price for LPs shot up 25% during this on balancer.

[Anonymous No.23037037]

>>23036911
>But as of this morning as $CORE hit ATH in LP from selling (adding $CORE and removing $ETH), $ETH is also up 5,000 and also at an ATH from people continuing to lock $ETH liquidity.
Very interesting that both increased. So the values that farmers are receiving stayed constant during the dump in USD terms and they just got more core?

[Anonymous No.23037370]

I'm new to all this, I bought core at 2500 and 4500 for a total of 2.4.
I got a bit freaked out so I sold 1 CORE for 650 LINK

Did I do good? I don't plan on selling the 1.4 remaining until at least 20, and then only a fraction.
Want to keep maybe .5 to .8 until we go to the moon around 80 to 100k

[Anonymous No.23037431]

>>23037370
trade your link in for core

[Anonymous No.23037473]

>>23037370
1 core = 650 link? Hot damn

[Anonymous No.23037487]

Kill yourself asap

[Anonymous No.23037536]

>>23036930
nice choice in women anon

[Anonymous No.23037561]

Based anon

[Anonymous No.23037576]

How oft should I claim?

[Anonymous No.23038117]

>>23036911
such nice plump breasts