If you are not bullish on YFI you are a fucking idiot

look at the apy of 193+% on the first V2 pool that's not even fully fine tuned yet, look at the $100k price prediction from Michael Anderson, (massive chainlink and SNX whale). when the TVL hits $1 billion in august the price is going to go absolutely parabolic, meanwhile retards are yield farming yfvii: tactics for a few days return instead of buying this before it moons again

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michael anderson/framework is smart money. he is also an early investor/backer in link, snx and aave. follow the smart money biz. I'm a top 150 wallet. all in, never selling.

whats up with yfi and yfii? i guess we buy the first one?

yfii is a chinese PnD

YFII was a clever fork that threatened a coup over the protocol. But a few galaxy brain plays later, YFI now has it in their pockets. To oversimplify the technical goings-on behind the surface, every brainlet chink that buys YFII now is directly transferring money to YFI's vaults and will be left with worthless bags when they draw out.

mta has way more potential than yfi

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draining chink money, say no more anons im all in

Obviously buy the original. YFII actually helps the OG YFI by increasing its TVL. YFII is worthless and essentially rewards people for putting their funds in YFIs protocol.

MTA market cap -> $600 million
YFI market cap -> $120 million

MTA has essentially already been declared a failure.

I wanna buy in more, but I don't want to sell more LINK or sell my bzrx yet. Got 1 YIFi atm. I'm gonna do some heavy research myself so I'll maybe be more comfy investing some of my LINK into YFI. Gotta make sure I understand where the yields are coming for and how YFI is supposed to appreciate in value. Might sell MTA bags for 0.3 YIF, but not sure. If it dips down I'll defi buy more.

michael anderson is a fucking brainlet playing with his daddies money.

im mainly holding link too, but i bought as much of this as i could before the price hit $3k.

dumb fuck brainlet do u even know how mta emissions work

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yUSDC was the 1st vault on v2

The yields come from EVERYWHERE there are yields to get with idle funds that the code has been updated to see. That's the seed premise of the platform. It's automated yield farming, plus huge savings in gas fees. You deposit funds, they get thrown in a pool with everyone else's, and the algorithm finds where the best alpha in yield is and fills it. Simeon greedy with Link borrowing so the yield for Link is high on Aave? Bzzzt Aave loan strategy activated, alpha filled. Simeon got liquidated and you want to earn his liquidation bonus? Bzzzt liquidator activated, alpha filled. A ripoff of your platform is offering high yield to attract people over? Bzzzt YFII strategy activated, alpha filled.
This "smart liquidity" is compounded by credit delegation, which allows you to deposit assets other than stablecoins to engage in this process, and then with an integrated swap service that takes single-exposure liquidity. The YFI token is for deciding on what gets added to the code and collecting fees on deposits and withdrawals into that pool.
Of course, you're interacting with every possible point of failure in all of DeFi, so the risks are very high.

>tfw only have 2 YFI

comfy imo. but 10 and you can retire

40 is a billionaire stack once we reach a 1 trillion market cap. aim for 40...

>40 is a billionaire stack once we reach a 1 trillion market cap. aim for 40...
I only have 27

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YFI is a scam.... invest in XRP if you want any chance at making real gains and generational wealth

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Can anyone explain joe owner dividends are distributed- automatically to wallet or must be claimed somewhere? Better to buy yfi or provide liquidity to yvault?

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I bough 2 for 3k will I make it? Also should I bother with staking?

Chainlink whale sir ? I am always doing what this chainlink whales si doing ,, I ma investing some eth into this nice coin now because of chainlink whale !

that's some low IQ right there

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cope

APY of my y.curve.fi vault on yieldfarming info by weeb_mcgee when?

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That guy made me so much money

Can someone please link or explain the purpose of this project, I feel so lost in what any of you guys are going on about

Yield aggregator. Put your crypto in and it finds the best interest. Plus more.

Same. As I understand it Yearn automatically finds you the best yield in liquidity pools? I don't know any of the tokenomics though and need to do some research. I'm LINK maximalist but I'm going to diversify like 10% of my gains into something soon and I've eyeballing LinkPool, YFI, and DMG. Everything else feels like trash. At the same time it feels wrong everything time I consider selling a piece of the God Protocol so Idk