YFV vault update released
Does this have the 90 minimum YFV limit as well or can smaller holders benefit?
maybe now the space will appreciate the value of audits after what sushi pulled off today.
That should help stabilize price, but still going to have bagholders saving up enough to cash out their burned hands.
I was under the assumption that sushi was audit'd and he merely cashed out his position from the devpool.
correct
Devs delivering once again. While not very outspoken, announcements are always solid.
>However, there is a small change that will bring tremendous value to YFV stakers. The YFV deposited will not simply sit in the pool as idle capital, but will also be used to farm other protocols for yield. The profits will be used to buy back YFV and distribute them among all YFV stakers in the governance vault. All stakers in the new YFV Governance Vault will maintain the same voting power as is in the current state of stakers in the current Staking Pool v2.
HOSSSANA, BLESS SMINEM
holy shit
Anyone know?
they havent said yet, but I would assume thats something that can be voted on
we are all gonna make it
HOLY FUCK THEY JUST PUSHED ANOTHER MEDIUM ARTICLE
medium.com
Can someone explain how this shit works, so for all of the pools I need to have 100 YFV + an equivalent amount of the other coin(ex: LINK, KNC, etc).
For the YFV staking pool, do I just need 100 YFV? Or do I also need an equivalent amount of another coin?
Here's how the current voting plays out. Voting finalizes in 24h.
>At beta launch on 15-September, the swap fee will be fixed at 0.3%. Liquidity providers will receive 0.25%, while the other 0.05% will be used to buy back YFV to be distributed to stakers in the YFV Governance Vault. Further releases will allow stakers in the YFV Governance Vault the flexibility to vote on the buy back rates.
we are all gonna make it
so what's the new min stake, i have 50.. do I need to buy another 13?
"new min stake (68.93%)"
So its at 68% of the current stake? 90 * .69 ??
yep thats how the vote works, you vote on the reduction or increase using the multiplier of the current value
>
so it's a ponzi. fuck it I don't care. my bag is small enough now I will hold it to 0 anyway.
Gotcha, I just didn't know if I misinterpreted what I saw. Directly above it they ask "remove minimum staking" and then below it then are simply amending the number.
>hes so bluepilled he doesnt realize literally everything in the world is a ponzi
Price climbing again. Devs trying their best to imitate Cronje. I HODL'ed YFV because I don't wanna cash out at $20, would rather do it at $200.
Yea, I think I'm gonna make it.
someone tell me the price of this in the next 3 weeks please, is it going to hit 1k like the other ones?
plz answer
JUST WENT ALL IN WITH THE REST OF MY ETH, HERE WE GO BOYS
Frankly, based off MCAP restrictions, that is quite impossible. $100-300 could happen if things go well.
YFV staking only requires 100 YFV. You get paid in vUSD & vETH.
All other pools are not 'staking', but rather farming, using a Balancer token given when you add liquidity to Balancer LINK/BAT/KNC{YFV} pools. Using these Balancer tokens, there is no minimum for entry.
That's why many anons are farming with LINK, along with better APY's.
Make sure to stake link and vote for better LINK pool rewards.
Absolute Madman. Tell me, does Sminem smile down upon us this day?
FUCK IT
How many ETH did you throw
00001000
>a meagre $2800
not good, not terrible. Still, you have balls of steel
My brothers...I told you a week ago to come join me on the farm. This shit is going to MOON and we are only on epoch 3/10 for the single asset pools.
how to setup: youtube.com
where 2 farm: yfv.finance
4forgot pic ;)
why the fuck won't these retarded devs burn the fucking tokens? holy shit
What's the best way to throw money at this thing?
LINKpool?
Buy YFV & Stake?