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30289303 No.30289303 [Reply] [Original]

Okay EGGbros, where are you seeing the price of EGG next week?

>> No.30289668
File: 111 KB, 1280x720, PajeetScam.jpg [View same] [iqdb] [saucenao] [google]
30289668

>> No.30289977

>>30289303
Why does it keep dumping AAHHHHH

>> No.30290047

can't believe i didnt get into the 50k egg incubator, that thing is printing more money than the fucking fed, jesus christ

>> No.30290822
File: 58 KB, 1080x793, Hmm.jpg [View same] [iqdb] [saucenao] [google]
30290822

>GG1 dumps
>EGG pumps

>> No.30291009

>>30290822
This is the way

>> No.30291075

>>30290047
Made $700 while I slept

>> No.30291206

>>30290047
there's just no way for any system to grow with those rates perpetually, so this goose ponzi will inevitably implode, it's just a matter of time

>> No.30291360

Why is GG1 dumping?

>> No.30291471

>>30291075
How big a stack? Im going $30k balls deep in the next incubator.

>> No.30291614

>>30291075
yeah, insane. i didn't realize the 50k would have a fixed apy that high, the other incubator apy is so low now one should almost just use the normal egg nest

>> No.30291651

>>30291360

Shaking weak hands before the Friday night PUMP.

GG1 Target by Sat morning is $1k, $2k by Sunday

EGG: $300 by Sat, $1k+ by GG2 launch.

GG1 will may flatten out after the weekend but will pump hard when GG2 is launched as the yields for GG1->GG2 will be crazy.

>> No.30291660

>>30291614

Still better than Nest but barely.

>> No.30291765

>>30291651
Monday is a huge dump for EGG that's when I buy your bags.

>> No.30291816

>>30290047
Yep, same.
Had a chance yesterday when randomly saw 49970 EGGs in there. Would have been great play to place my 20 EGGs in

>> No.30292090

>>30291651
So whats the play here? Sell some of my farmed gg1 and put remaining for farming gg2?

>> No.30292150

I am financially recovering.

>> No.30292314

>>30291816
Even at a dinky 10 eggs it's generated me a dollar every few minutes it seems.

>> No.30292408

the funny thing is everybodys gonna rush to buy the GG2 in 6days and the shit gonna massively dump and you gonna post pink wojak here.. this how a ponzi scheme works

>> No.30292706

>>30292090

Hodl and farm GG1 until it breaks $1k. Then flip to EGG.

Then before GG2 there are a couple plays. Hodl egg and try to get into the capped incubator. Or just sell EGG when it moons before GG2. Or hold GG1 and farm it for GG2.

>> No.30292713

>>30292408
This is gonna be biblically funny, I prepared my popcorns

>> No.30292878

any one doing the layered farming LPs? Thinking about testing my luck with $5k in the GG1-BUSD LP

>> No.30292884

>EGG hits $85
>immediately dumps to $79

Nice

>> No.30292960

>>30292884

Bull flag correction

>> No.30292999

>>30291816
I managed to squeeze in 5 eggs when that happened. I think it’s paid 3 times the value of those eggs now

>> No.30293041

>>30292408
Why would I buy? I use layer farming and make enough money doing that

>> No.30293185

>>30291765
Why would it dump on monday?

>> No.30293190

>>30292408
lol people are farming for 50 % apr per day this is free money

>> No.30293202

>>30293041
I'm not talking about you, I'm talking about all the people who miss the train on GG1 and saw the price skyrockets, they're going full retard on the GG2 and that's gonna be funny

>> No.30293295

>>30291651
Except EGG dumped retard. I bought EGG believing you retards saying it'd pump for staking, instead it shit itself and I lost like 2k

>> No.30293378

>>30293202
Oh well, more free money for the smart ones

>> No.30293380

but HOW is it generating that much money? is it just people buying into the ponzi and locking their eggs into incubators, so if enough people take profits the thing would plummet to 0?

>> No.30293514

>>30293295

EGG is pumping, its over $80 now. And GG1 is pumped over $200. It started at $10. Just wait for friday night when the normies start buying in, shit is going to rocket up.

>> No.30293782

>>30293514
Egg is pumping now because GG1 farming dropped off a cliff and the staking is locked out so people are evacuating GG1 to EGG. No one should buy GG1 before layer 2 comes out, they should just hold it in something like BNB or a stable coin and all in on GG2

>> No.30294048

>>30293782

GG1 can farm GG2 though. And there are only 45k GG1s compared to 700k EGG, so APR will be way more concentrated on GG1 -> GG2 farm. Any GG1 dip is a good buy to hold for GG2. Or maybe a good play to get into EGG then flip it for GG1 right before GG2 when people are buying EGG to get into the incubator, you can go the backdoor and farm with GG1.

>> No.30294593

>>30294048
>so APR will be way more concentrated on GG1 -> GG2 farm
2) No Cap Egg Incubator (Egg -> GGX)
No maximum cap on eggs staking
2% burn fee
3x multiplier
Generates GGX
3) GGX-1 Layer proceed Incubator (GGX-1 -> GGX)
Staking GGX -1 (the previous layer)
Generates GGX
No Maximum Cap
4% burn fee
2x multiplier

In the EGG pool the multiplier is more than that in the GG1 pool.

>> No.30294850

>>30294048
it doesn't make sense to hold eggs or farming eggs in the genesiw layer when rewards for layer 1 farms are so much higher than genesis layer and gg1 will allow you to farm gg2 whenever that drops. profits are always in the newest layer, its a like a new Ponzi on top of the old Ponzi

>> No.30294860

>>30294593

buy waaay more people will be doing the egg -> gg1 so the gg1 -> gg2 will be less diluted.

>> No.30295529

>>30294850
Devs will incentivize it somehow, wait a few GGX cycles

>> No.30296200

>>30293380
Yes basically. You have to time your exit to be before the whales do it.

>> No.30297007
File: 23 KB, 451x298, tumblr_static_filename_2048_v2.jpg [View same] [iqdb] [saucenao] [google]
30297007

My goose stays loose.
Money printer goes hoooooonk

>> No.30297271

>>30294850
Wait, do I need GG1 to stake in the GG2 incubator pool? Or just EGG?

>> No.30297406

>>30297271

Either. There will be the EGG incubators like there is for GG1, there will also be a GG1 to GG2 farm. The EGG incubators will have better multipliers, but unless you get into the capped one, I'm betting the GG1 -> GG2 farm will have better APR.

>> No.30297521

>>30295529
this, they wouldn't just kill EGG
r-right?
t. 10 EGGlet

>> No.30297600

i wish i had big brain to comprehend how you fuckers are making money

do i need bnb for this shit? what do?

>> No.30297871

what should i do when gg2 launches? keep my eggs in the capped gg1 incubator or try to get in on the capped gg2 incubator?

>> No.30298060

>>30297871
i think the capped gg1 incubator will be removed for gg2

>> No.30298080

>>30297600
Bnb for paying fees inside BSC
Use Rubic.exchange to execute the cross-chain swap

>> No.30298084

>>30297600

If you want to get into goose directly buy EGG and put in in the incubator to get GG1, or just buy GG1, and farm that for more GG1 or BUSD. That's primary money wheel.

You can also take a less risky route, take w/e coins you have lying around, BTC, ETH, BNB, etc. and put them in the layered farms, you can get about 500% APR off your coins, which generates GG1 which you can sell or use to farm more GG1 / BUSD.

>> No.30298129

>>30297871
Both. Stay in the capped incubator until the 30 days are over.

>> No.30298274 [DELETED] 

>stack trashtokens
>lose after half a year with no liquidity
>go for more trash pool
yay, you won't have to suck dick

No sense to try to find a shit, be clever, check my wallet on justliqudity.
>JULD - this is coin for hodling, x10 for couple weeks and moving further

>> No.30298492

>>30298084
thx im rich now

>> No.30298515

many rug pulls happening, anyone a bit concerned with goose rug pull potential? sure devs are competent but don't seem very professional from telegram announcements channel, and whole site and design is not very original or professional either. could 200m TVL rug it anyways?

>> No.30298866
File: 889 KB, 1592x833, 1614097032146.png [View same] [iqdb] [saucenao] [google]
30298866

>>30298515
Why would they kill the golden goose?
It's literally laying them golden eggs.
They are printing money hand over fist by not rugging.
You can shear a sheep it's whole life, but you can only skin it once.

>> No.30299249
File: 24 KB, 385x479, egg.png [View same] [iqdb] [saucenao] [google]
30299249

>>30289303
didnt get into the egg incubator so my eggs are comfy farming bonus apr via squirrel.finance instead

>> No.30299271

i plan on aping in GG2 as soon as possible when the contract address launches. how do i go about doing this? do i just add the contract address to the swap menu when its out and buy?

i'll also set very high slippage to make sure that shit goes through

>> No.30299315

>>30298129
Wait, that capped incubator lasts 30 days? fucking awesome

>> No.30299420

>>30299315
I've read it at their introduction of the incubator, look up their twitter to find it.

>> No.30299690

have only 1 EGG in the fast incubator

please kill me

>> No.30299895

>>30299690
i have 2.5 lmfao

literally made $120 from sitting on my ass yesterday, not complaining

>> No.30299960
File: 24 KB, 303x540, moneyprinter.jpg [View same] [iqdb] [saucenao] [google]
30299960

>>30299690
sex number go brrrrrrr

>> No.30299967

>>30299420
Found it, thanks.
https://goosedefi.gitbook.io/goose-finance/layered-farming/introduction

>> No.30300110

>>30299271
yes just add it. i use slippage 10%. i think youll have to approve contract again cos its a new token. gluck anon, il be sniping it as well.

>> No.30300114

>>30299271
ye im doing the same. i'll have slippage set high and the exchange open on a tab ready to copypaste the token address. i know plenty of people are gonna have this idea but desu its not the low price im chasing its the high % APY, as long as i get in their early and can farm for 24 hours im good. ill just transfer all my profits to busd, and farm egg till the next ponzi layer goes live

>> No.30300262

>>30300114
and just to add i think the FOMO for GG2 will be unlike anything seen on BSC so far. Everyone has seen GG1 and knows what a brrr-printer it is and will want some of that action.

I can see GG2 hitting 800-1k per token

>> No.30301493

EGG hititng $100 TONIGHT

>> No.30301548

The capped GG1 incubator is like cheating. I could not be at my computer at that particular time, so I missed it, fuck. I could have staked all my 770 eggs in it and would be rich from it very fast.

>> No.30301776

Whenever EGG moves in a direction, GG1 moves in the opposite direction (eg if EGG pumps, GG1 dumps). Any anon with some insight as to why this happens?

>> No.30301877

>>30301776
people exchanging GG1 for EGG and vice versa perhaps?

>> No.30301912
File: 245 KB, 933x1244, 1611161704925.jpg [View same] [iqdb] [saucenao] [google]
30301912

So what's the best solution for a pooreggfag? Stake EGG in the 2% for a week, then take it out and rush into GG2 next week?

>> No.30301995

>>30301548
If my grandmother had wheels, she would have been a bicycle.

>> No.30302053

Should I regularly harvest the farmed GG1 to then farm them for BUSD? If so, how regular?

>> No.30302124

>>30301776
swingies being swingies is my guess.

>> No.30302348

>>30302053
i sell GG1 immediatly for EGG

>> No.30302430
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30302430

>>30301776
Whales swinging the price back and forth.
egg > gg1 gg1>egg Picking up the fomo and panic bags the whole way.
If your goose is loose, you can try to surf their wake, but that's a dangerous game.

>> No.30302831

>>30302348
Everyday? All of it? What about using GG1 for the next layer?

>> No.30302867

>tfw was able to jump in in the capped incubator with 50 eggs
Feeling good man, literally printing money I sell every 6 hours

>> No.30302978

>>30302867
The 20% burn is scary at first but you quickly make up

>> No.30303766

1000 egg for financial freedom

>> No.30303780
File: 101 KB, 380x349, clichoomer.png [View same] [iqdb] [saucenao] [google]
30303780

>>30302831
Make hay while the sun is shining.
Hard to say what the value of gg1 is going to be tomorrow. Also hard to say what the apr of the gg1 > gg2 pool will be.
Better the devil you know than the devil you don't.

>> No.30303823

>>30302978
It should be more like 50% or something. This way it is creating whales for GG1 tokens based just on a few seconds/a minute clicking on the site earlier.

>> No.30304336

WHAT WAS THAT

>> No.30304573

>>30303823
It's a viable way to ensure they get dumped into the market. Anyone in that pool is trying to recoup the 20% they just gave up to be in the pool. So when they get them, they sell them.
50% loss upfront on a gamble is too rich for my blood.

>> No.30305087

>>30303780
is holding and nesting egg still the play? can't help but feel the layered farming is a meme

>> No.30305183

my lil egg be doin sum

>> No.30306405
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30306405

>bought at $84.52
>saw it go to $140
>saw it go to $39
>could sell for a profit now and be free of this defi ponzi hell
>or wait and risk losing more than I put in for a potential small gain

>> No.30306507

>>30306405
you've been holding for that long? jesus man, I wouldn't be able to sleep in your position.

>> No.30306554
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30306554

>>30305087
Well, the apr on nesting is back up above 400%. It was at 500% last night. That's as good as it was maybe a week or so ago.
Layered farming is certainly a meme, but it's driving buying and burning of eggs.
If I were a gambling man (I am), I'd say the price of egg is going to go apey when GG2 launches.

>> No.30306600

>>30306405
dont sell it ffs, wait till next thursday then get in the gg2 incubator as fast as you can

>> No.30306632

HOLD onto your eggs fellow frens

>> No.30306892

>>30306507
Yes I am a grizzled veteran. I have been holding it for.. 10 days.

>> No.30307008

>>30306405
you could have made gain if you aped in

>> No.30307065

I have just left the 2% incubator. Made enough to cover the fee and then some.
I have sold half of my stack for BUSD so I can farm the liquidity pool BUSD-EGG. That has a better return than the 2% incubator. I am bit scared of IL, but hopefully it will be worth the risk.

I have put around 70.000 USD into EGG when it was $115 or something. Right now I could sell probably around breakeven. But I am a degenerate and cant get out of this.

The IL wont hurt me if I wont sell, right? So in the long term it is better to farm than to nest.

>> No.30307165

>>30307065
If you split your EGGs to BUSD-EGG and EGG moons you'll cry

If you split EGGs to BUSD-EGG and EGG dumps, you'll have less than half of the BUSD you put in first

>> No.30307281

>>30293295
>i bought EGG because you guys told me too!
>proceeds to call everyone retards
>is actually the retarded one
anyone with a brain knew EGG was gonna dump at the incubator launch. you're a fool if you think the upcoming incubator launch has the same market mechanics built in. l2p newfag

>> No.30307360

>>30307165
But if I wont sell I wont cry since there will be no IL. I can nest the new eggs or sell them.

Farming has better returns than nesting. IL doesnt apply till you dont sell. If you are in EGG for a few weeks, then farming will generate you way more EGGs than nesting. Which you can then sell or nest or farm.

Anyway I am looking at it, farming is the better option. Nesting is better for short term investors.

>> No.30307382

>>30307281
So what's gonna happen at next layer?

>> No.30308159

>>30307382
The next layer will come out and then the price of egg, gg1, and gg2 will go both up and down in varying levels.
Sorry, my crystal ball is in the shop.

>> No.30308646

>>30307065
>The IL wont hurt me if I wont sell, right?

No, it will only hurt you when you sell, or when the website poofs into nothing and takes all your shit. There is a silver lining though, long term IL is only an issue if the token value keeps falling. If it keeps rising it's technically bad but remember you are gaining rewards at a higher price from staking and you can sell off that reward to recoup the investment if you want to pay it safe. If you put in 1k and extract 1k in profit you won't lose anything really and can let those 1k profit sit and either burn or generate more profit. Of course you can reinvest the profit and get more or get burnt even worse.

>> No.30308880

>>30308646
Yup. So considering all of this - farming seems the better option. Can be really risky in the short-term but otherwise it is the wiser choice. Right?

>> No.30309249
File: 315 KB, 433x426, we_shit_in_a_society.png [View same] [iqdb] [saucenao] [google]
30309249

>EGG gets close to $100 again
>dumps $10 in 5 mins

>> No.30309893

>>30309249
looks like it's pumping back up. hopefully it'll breach $100 cleanly this time around.

>> No.30310198

>>30309249
I got 10 more eggs

>> No.30310229

>>30308880
>IF egg rises or stays stable
>IF ROI doesn't fall too hard (it will keep going down, that much is sure)
>IF you diligently sell instead of waiting for higher prices that may not come
>IF this is around for a month or so

If it keeps tanking within the next days you won't be able to outrace the loss with selling off your rewards. Viking has been similar to goose, now it's 7 bucks. A lot can change, quickly, and there is no guarantee there will be a second wind. Goose dropping to $20 would mean your liquidity would be down to 55% of its original value. If you think you'll just wait, think again. The rapid devaluation is basically a house of cards, everyone will bail, making the price drop even harder and you'll have to sit even longer collecting small amounts of money. Maybe you'll break even in five months, maybe the platform won't be around in five months. It's a "wise choice" like betting on red when you know it will land on red.

>> No.30310897

>>30310229
Yeah, but most of the things you have mentioned apply to nesting as well. If the price will tank - then it doesnt matter if I am nesting or farming, I will be in a huge loss anyway. The same applies if the site disappears etc.

In a way nesting is more risky, because you need a longer time to recoup your investment and you need to hold EGG longer.

The ideal solution seems to farm EGG and sell the profits.

>> No.30311022

>>30299249
Fuck off

>> No.30311117

>>30310229
Here is a good overview of IL:
1.25x price change = 0.6% loss
1.50x price change = 2.0% loss
1.75x price change = 3.8% loss
2x price change = 5.7% loss
3x price change = 13.4% loss
4x price change = 20.0% loss
5x price change = 25.5% loss

>> No.30311852

>>30306405
Should have bought more at 40 to offload now

>> No.30312051

Any charts to watch EGG besides coingecko? Please friends

>> No.30312070

>>30310229
>>30311117

Please use my calculator good sirs: https://impermanentloss.github.io/calculator/

>> No.30312105

>>30310897
Ultimately it's up to you to decide, I've been burned by IL before thinking ho ho with these percentages I only need to sit it out for a day! and then it went to shit completely, the only thing that had my ass covered halfways was me selling gains immediately.

>>30311117
What is that "x" supposed to mean? 5x = 50%? Because if a token paired with BUSD loses 50% value, you lose 29% of your investment.

>> No.30312195

what slippage are you guys going to add to buy GG2 when it comes out? im thinking about ~15%

>> No.30312393

>>30289303
Maybe back up to the price it was before they cashed out 5 million bucks in one go.

>> No.30312458
File: 61 KB, 1200x742, il.png [View same] [iqdb] [saucenao] [google]
30312458

>>30312105
>What is that "x" supposed to mean? 5x = 50%? Because if a token paired with BUSD loses 50% value, you lose 29% of your investment.

If EGG would loose 50% of value, it would be 2x price change. That means that 1 BUSD will get me 2x more EGG. The IL is 5.7% in this case.

29% is not your IL. That is IL + the loss you would get by just holding the asset anyway.

>> No.30312744

>>30312105
btw. I just sold all my EGGs right now. I need to rebalance and rethink my portfolio. Also I think that EGG will dip a bit, because we have mooned really hard today + BTC is not looking great now, so that is a bad combination right now.

>> No.30312761

>>30312458
>That is IL + the loss you would get by just holding the asset anyway.

Which is all that counts, what I have from my investment when I get out: only 70%. Not 94%. This low percentage crap only lulls newbies into thinking they'll lose only a little bit.

>> No.30313401
File: 26 KB, 804x594, file.png [View same] [iqdb] [saucenao] [google]
30313401

>>30312744
I'm out as well, at $85 buy price I shouldn't push my luck. Likely the right choice anyway.

>> No.30314624
File: 27 KB, 800x450, sad_frog.jpg [View same] [iqdb] [saucenao] [google]
30314624

guys im new to this defi shit and i have no idea what layered farming or incubators are or how they work

ive been nesting my 12 eggs and making nice returns just on the nest, but should I be doing something better with them? where can i learn what these concepts mean?

>> No.30315194

>>30314624

As long as you're in 400+% APR you'll be getting 1% a day, and compounding daily you'll get insane gains after a few weeks. It seems slow in the day to day but it builds up just make sure you're moving to the yields and don't get too worried about the underlying pumping and dumping as long as your getting APR you're building your stack. When shit moons like 10x in a day you can cash out and move to farming the stable coins while it corrects then get back in.

>> No.30315726

>>30314624
It says layered farming but it's stacked ponzi. However as long as morons FOMO in at every new level you can make nice gains if you don't overstay your welcome.

>> No.30316709

>>30291206
no shit, the goal here is to profit before the ponzi collapses

>> No.30316823

>>30291651

This is some high levels of hopium
thats a gateway drug, anon

to copium