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/biz/ - Business & Finance


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24609403 No.24609403 [Reply] [Original]

>Price at first /biz/ post I made: $1.70
>Current price: $3.90

Remember when I told you guys I wasn't doing this because CVP needed retail money?

Shoutout to all the smooth brains who couldn't wrap their head around these insane token metrics and liquidity mining of power index. Power Pool truly is the thinking man's coin.

If you didn't act, you missed a golden week of over 1,000% APY, although it's still several hundred percent. Power Index TVL grew to 8 million, at a rate of nearly $1mil per day being added and as predicted CVP is at 2x. Everything is going to plan and we're just getting started.

At this rate we'll break $10MM and $5 per CVP any time now.

As we get above 10 mil TVL the liquidity crunch starts to come into play which is when we'll reach my predicted triple digits for CVP.

Go ahead, /biz/. Call me a shill. Call me a pajeet. Where will you be at $5? You only have a few days. I hope that's enough time to unwind any /biz/ scams you got roped into. $5 will still be a decent entry. 20x potential from there easily.

>> No.24609426

>>24609403
Oh yeah I forgot to mention: The Yearn partnership happened, now the Yearn index is about to go live. That's the next big catalyst you should be looking for. Coming very soon!

medium.com/powerpool/team-statement-on-proposals-yeti-and-powerindex-development-fdb8294e0a70

>> No.24609571

Seems I'm already late to the party. I missed this at $2

>> No.24609592
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24609592

>>24609571
There's no such thing as missing CVP until it's approaching the 100 dollar mark OP is talking about.

Pic related explains it all.

>> No.24609826
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24609826

Listened to you and bought CVP before 3 dollars. My best token so far

>> No.24610025
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24610025

>>24609826
Well done. Did you try liquidity mining with PIPT yet?

>> No.24610090

>>24609592
jokes on me rn. I was listening to my retarded group leader saying altseason is over but I assume it's just getting started. Will wait for better entry for CVP.

>> No.24610129
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24610129

>>24610090
Good idea. Listen to your cucked leader giving "signals". Don't research CVP. Wait for an imaginary pull back even though the FA and TA is going from strength to strength and about to blow through another major level of resistance in just a couple of days.

>> No.24610167

bought in at 2.25 off a post on here maybe yours but im a poorfag so only got 62, good gains though still thanks friend

>> No.24610183

>>24610167
Glad you got in at a decent price. Just keep holding. We have a long way to go, this is only the beginning.

These indexes are the foundations. The pump happens when we get Yearn and DeFi TVL flooding in.

>> No.24610220

Bought CVP and staked 10lp, real comfy rn thanks anon your shills last week worked on me and I am very thankful. People not jumping on the CVP train will stay poor.

>> No.24610235

>>24609403
TY OP <3 now let me shill Trustswap... DYOR but will be a gem in 2021

>> No.24610275

Does this mean a 100mill TVL makes the cvp price 12.5% of $6.5m??? ....wtf?>>24609592

>> No.24610287

>>24610220
my poorfag portfolio is like 30% cvp 70% trust lol

>> No.24610418

still my biggest bag. still dont understand this shit. price still goin up. sometime it really do be like that

>> No.24610450

guys just curious what happens if trading moves to binance. i cant use it. will i still be able to sell my cvp on uniswap when it hits 50 dollars?

>> No.24610493

>>24610450
There are LM rewards for people to provide liquidity on Balancer and Uniswap, so there will always be a way to buy and sell CVP without Binance. It's not a problem.

>>24610275
At 100 mil TVL it would mean that 12.5 of that is CVP which can only be market bought. That may not seem huge, but remember most people are providing liquidity, holding etc.

Total % of supply that's floating around to be bought is tiny and will remain tiny.

Supply crunch happens above 10 mil. Mark my words.

>> No.24610523

>>24610493
i mean people will take profits

>> No.24610525

>>24609403
This is proboably the top. It's Tomochain for me while under $1.

>> No.24610549

>>24610287
Same here lol, we are gonna make it anon dw

>> No.24610621
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24610621

>>24610523
>>24610525
Who do you think holds more CVP? Brainlet retail users who think $3.90 is "the top" and need to "take profits at 2x. Or the institutions piling millions into Power Pool with the express purpose of gaining DeFi and CVP exposure?

Even if every weak handed retail user tried taking profits tomorrow it would barely do shit to the overall trajectory and only solidify it in the hands of the funds accumulating this.

This probably sounds like bullshit larp so let me give a clear example: Delphi Digital voluntarily extended their test wallet lockup for 18 months. Do you think they'd do that if they thought a few dollars was the CVP top? Or would they do that if they felt indexes were a short term meme?

Start worrying if you see Pantera send around a second newsletter saying they're short indexes. So far, every fund that's mentioned CVP is super bullish, extremely long, and definitely, absolutely, NOT FUCKING SELLING until we break triple digits.

>> No.24610842
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24610842

>>24609403
I looked up CVP, the chart looks surprisingly sustainable. I was expecting to see something much more parabolic.

Do you think it will go above $4 this week?

>> No.24610850

>>24610235

just got some, looks promising, thanks for the shill, sir!

>> No.24610860

>>24609403
can you stake cvp?

>> No.24610879

Feeling good, I'm glad I finally invested in a altcoin that's pumping
I'll buy more as soon as I receive more subsidies from the state, thank you mommy corona!!

>> No.24610890

>>24610860
Yes. https://app.powerpool.finance/

>> No.24610953

>>24610129
Ok you win. Will DYOR and make up my mind. Will never listen to group leaders. Made me lose thousands

>> No.24611022
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24611022

>>24610860
The yield is insane right now.

>> No.24611331

>>24610842
Missed this. Volume keeps rising. Looking very good. Send it boys!

>> No.24611513

>>24611022
except this is for UNI LPs. i can not stake straight cvp?

>> No.24611622

>>24611331
I missed it initially but I just aped in

>> No.24611930

You guys are stupid. Check the YETI traction. With PowerPool pumping new product and indexes like this, cvp is scoring top 10 defi in no time

>> No.24612473

>>24609403
I aped into this a couple of weeks back. How the fuck do i stake my CVP for rewards and is it safe? If i stake for the next month, then withdraw, will i still be paid CVP in like 10 weeks' time or is it cancelled cos i withdrew?

>> No.24612634

>>24612473
I didnt withdraw yet, but looks like you can withdraw any time... However the real question is, whether it is not more profitable to hold CVP than stake PIPT. If CVP goes 100% up, then ur index funds will just go maybe 15% up.
I mean you can get a nice 1% interest per day, but if CVP goes 100% in 2 weeks, then you missed 80% of profit

>> No.24613362

>>24612473
Mate you have to stake LP tokens which you get from providing liquidity to uniswap. Current rate is 16 CVP earned per 1 LP token a month with 10 weeks vesting period.

>> No.24613415

>>24611930
I'm super bullish on YETI. Yearn Index will 100% be formally adopted by Andre and CVP will become the de facto Yearn governance token.

inb4 no-CVPers say this is wishful thinking because they don't understand the backing this project has

>> No.24613678

>>24613362
>Mate you have to stake LP tokens which you get from providing liquidity to uniswap. Current rate is 16 CVP earned per 1 LP token a month with 10 weeks vesting period.

If i have 1,000 CVP, can i deposit that under the 'supply' tab on powerindex. io, under the 'single asset' option? What would my rewards be? Mfw complete defi noob and only bought CVP because of the shills and TA

>> No.24613847

>>24613678
If you want to get rewards for providing liquidity on Uniswap for example, go to Uniswap and provide liquidity for the CVP-ETH pair. When you do that, you'll get LP tokens that represent your ownership of the CVP and ETH being used to provide liquidity.

That's when you go to the powerpool website and lock up your LP tokens for rewards.

>> No.24613872

>>24613847
what is the probability of a high impermanent loss when cvp moons. Are LPs worth it