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23117349 No.23117349 [Reply] [Original]

$YKZ seems to be mooning https://info.uniswap.org/pair/0x85324Dd97Ec1276A28B9D6CA70Ad58fA4759724B

>> No.23117884
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23117884

>> No.23118139

>>23117349
Introducing: $YKZ’s CORE Tokenomics Strategy.

If approved by the community, this proposal will allow YKZ holders the option of staking their tokens for 1, 3 or 5 years. All rewards are paid in $YKZ, meaning that the yield you receive will depend on how many $YKZ you stake, not on the value of $YKZ when you stake it. Therefore, it is best to stake $YKZ when it is at a lower price, as you will be able to stake more for less and still earn more as the price inevitably rises due to scarcity.

The statistics are as follows:

1 Year Staking: 100% (1.9% of $YKZ staked distributed weekly)
3 Year Staking: 400% (2.5% of $YKZ staked distributed weekly)
5 Year Staking: 1000% (3.8% of $YKZ staked distributed weekly).

In total, the hard cap for each staking pool (1,000 for 1 year, 250 for 3 year and 100 for 5 year) means that a total of 1350 YKZ can be staked before these pools are filled. The rewards can distribute up to 1,000 YKZ per pool, or 3,000 total. That means that these pools and their rewards, before other pairings are even listed, can account for up to 4,350 of the total YKZ in existence (43.5%).

So, what does all of that mean to you?

Lets say you stake 10 $YKZ at today’s price of $100 in the 1-year pool. Value of $1,000. You will receive .19 YKZ per week for a year. While, at today’s price, that would work out to $19 per week, the reality is that as more people remove their tokens from circulation, there will be less selling pressure. So lets say that $YKZ returns to its previous ATH of $300 (a modest prediction). The .19 YKZ you receive weekly will then be worth $57 per week, making your rewards worth $2,964 on an annual basis (in the fictional world that it would remain exactly at $300 for the whole year). Your original 10 YKZ you put in would then be worth $3,000. In sum, then, your $1,000 stake yielded you $5,964.

1/2

>> No.23118152

>>23118139

Considering that other tokens with long-term lockups have reached much higher price points after beginning the lockups, lets just think about what happens at YKZ = $1,000:
10 YKZ at today’s price of $100: $1,000 staked
10 YKZ at $1,000 in 1 year pool: $10,000 + ($190 * 52) = Investment Value $19,880 after 1 year (weekly rewards = $190, rewards after 1 year = $9,880)
10 YKZ at $1,000 in 3 year pool: $10,000 + ($250 * (52 * 3)) = $49,000 after 3 years (weekly rewards = $250, rewards after 1 year = $13,000)
10 YKZ at $1,000 in 5 year pool: $10,000 + ($380 * (52 * 5)) = $108,880 after 5 years (weekly rewards = $380, rewards after 1 year = $19,760)

Basically: everyone, long and short-term holders and stakers, benefit immensely from increases in YKZ price. Whereas $CORE’s distribution system depends upon trading volume to maintain its APY based on fees, $YKZ is steady and reliable. Additionally, where $CORE stakers have their share diluted by more people joining the pools, YKZ does not have the same issue. All of the tokens used for the rewards come directly from the DFO, meaning that those who stake continuously earn a greater % of a fixed supply, rather than new coins being minted.

If it sounds too good to be true, thats because it’s revolutionary.

2/2
LFG this just passed 500 votes. If it stays for 3 days or reaches 1500 it is implemented immediately
/thread