[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 77 KB, 750x321, C60A90AB-B341-431E-ADE7-F799B8FD62EA.jpg [View same] [iqdb] [saucenao] [google]
24821204 No.24821204 [Reply] [Original]

Buy on uniswap:
>https://info.uniswap.org/token/0xa0246c9032bc3a600820415ae600c6388619a14d

>https://www.dextools.io/app/uniswap/pair-explorer/0x514906fc121c7878424a5c928cad1852cc545892

>> No.24821242
File: 272 KB, 742x929, 4044F2E4-A248-4489-B56D-72F88A0942D5.jpg [View same] [iqdb] [saucenao] [google]
24821242

>https://harvest.finance/

>> No.24821602
File: 365 KB, 1484x2101, 20201206_000103.jpg [View same] [iqdb] [saucenao] [google]
24821602

>>24821204
Love me some FARM.

Pic related is how they maintain the APY, as long as they are making profits on their TVL, their profitshare APY will be high. They are making record profits right now.

>> No.24821650

>>24821204
>Next CORE
Lmao, FARM predates CORE and has way better tokenomics.

If they hadn't gotten hit by that flashloan attack they would have flipped YFI. They're recovering now and I hope they get back on track.

This is what YFI should have been. A real profit-sharing mechanism for investors. Think of this as an extremely high-dividend stock of a hedge fund.

With weekly inflation cut, it'll get harder and harder to accrue FARM, so in the future, the only way to get FARM will be to buy it on the market. Buy and stake now while you still can.

>> No.24821921

The returns on stable coins are 20-30%. How can it be so high? This platform has the best returns in defi. Are devs still anonymous? Audits completed?

>> No.24821928

>>24821204
Lost 5k on this from the flashloan attack but they've given me back about $750 from their reparations scheme.

Still not happy but at least they're trying to make amends. The way Pickle handled the aftermath of their attack was despicable.

>> No.24822054

>>24821921
Mouse-over the APYs, you can see the breakdown of where you get the yield comes from. The IDLE strategies are making bank right now, which is where the stables are deployed.

When they release the strategy splitter vault it'll get even more insane, since they'll be able to spread the TVL across multiple strategies for better absorption

>> No.24822074

>>24821204
Why do people still say "next CORE"? CORE is fucking dead in a ditch.

>> No.24822133

>>24822074
Smelly pajeets too busy scamming to update their script.

>> No.24822181

>>24821921
The profit share feature could upset the SEC, so the Devs will remain anon.

It's got 3 audits by Haechi, Peckshield and Certik. They've also commissioned a fourth one to audit their strategy splitter code I think.

>> No.24822685

>>24821204
It's a hedge fund with a P/E ratio of about 3. They outperform YFI by a significant margin and yet they're a tenth of the market cap.

They're still down in the dumps because of the hack and it was paired with a stablecoin so moonbois dumped to chase that original eth pump. Fuckin awesome profitshare APYs and they are making a come back.

Last time they were earning this much profit they were at $150+. Easy buy and stake at 200% till that happens.

Best part is the lower their price compared to their profits, the higher the profitshare APY, because each buyback can afford more FARMs to distribute.

>> No.24823064

>>24821204
Wtf does core have to do with anything lol. Harvest is nothing like core

>> No.24823312
File: 94 KB, 1361x440, 95628234747123.png [View same] [iqdb] [saucenao] [google]
24823312

Is it too late to get in?

>> No.24823439

FARM will stay cheap even when its price is $1000. It's a very good opportunity!

>> No.24823495

>>24823312
Look at the price chart and decide for yourself. We're still less than half what we were before the attack and 1/10th of YFI market cap despite having more TVL and earning more profits.

>> No.24823529

I can personally recommend Harvest.finance
Sadly there was the hack, but the exploits have been patched and the APYs are still high
Profit Share is a great thing imo, as it encourages the devs to make the best APYs
Also, why is it the next CORE when they have are totally different things? Harvest is good and CORE not lmao

>> No.24823530
File: 2.62 MB, 3278x2183, alien space farmer-min.png [View same] [iqdb] [saucenao] [google]
24823530

Harvest makes yield farming pretty easy, and has some of the best returns around at moment

>> No.24823647

>>24823495
Fuck it, I'm buying a bag of farm. I have a feeling that this will be getting big again just due to the P/E comparison with other similar protocols.

>> No.24823797

Comparing FARM with CORE is insane. FARM is a project with highly talented devs, excellent performance metrics (YFI is not even close) and knowledgeable community.

>> No.24824310

>>24822074
CORE made some anons make it. New fag

>> No.24824343

FARM is definitely one of the better opportunities to come around in crypto these past years. Compared to competing tokens FARM is highly undervalued and compared to 99 % of all other tokens FARM actually generates profit to the token holders.

>> No.24825337

>>24823797
Yea, Big fan of their devs Devs. Both them and their Discord mods TFR and Brandon are genuinely high IQ dudes. They all understand the metagame, it's a breath of fresh air.

Way too many dummies and scammers in defi.

>> No.24826122

Looking at PE and the audits done it really is a no brainer buying this now. YFI is overvalued and will come down while FARM will rise until they are both in balance.

>> No.24826360

>>24821204
>>24821242
Didn't this shit get hacked?

>> No.24827362

>>24821204
>CORE
how did this end up?

>> No.24828335

>>24826360
>>24827362
Poorfags

>> No.24828611

Imagine this. 400k in dai/usdc paying out 120k per annum. My crypto tracking software would also declare a 400k loss in this financial year by doing this as well. The only risk is that harvest somehow losses my capital. Anyway to protect against this?