Did you trick me again Zig Forums

*NNNNNGGGHHHHHHUUUUHH* PPPPPPRRRRRNGGGHHHHHHHPLUHPLUHPLUHHH

Oh yeah that feels good...still hungry bagholders?

Yes sell now

anyone know how to find the contract address for vUSD?

well fuck, i have 10 yfv

Pretty sure that has been established since forever. And the anons here shilled only to be able to dump their farmed bags on you.

farm ends next week. Burning happening very soon. Price prediction ( screen shot dis) around $100 by next week or so.

Since when does farming end next week?

Strategy Clarification:
YFV issuance from Balancer pools will cease at the conclusion of this epoch (1 week). From then on, those Balancer pools will farm VLT instead. Stablecoin seed pool rewards will double from that point on, and farming will continue.
Specifics will be subject to vote.

Didn't see this at all. Was it in a medium article?

Yes A LOT OF FUCKING changes. Idk if its good or bad the two articles from the 5th were promising but there are so many changes now its hard to look into the future and see how they will play out. I'm still unsure what it means that there will be 3.8 Million YFV and 3 Million Value Liquid Tokens. I can't see the purpose for both yet. I'm farming YFV but we will see what happens.

Found the article, never mind. Is there any word on what this VLT is supposed to be/how much it will be worth compared to YFV?

I am not totally sure either. But it’s supposed to mirror BPT token because they’re building their own Balancer tool to save on gas fees.

I'm not sure that's bullish for the project, but I'm a pleb and I want to experiment with all of this shit without getting btfo by gas

read the latest medium paper - pool rewards will be used by the protocol to buy back yfv from the open market and burn them, contracting the supply. governance vault goes live next week too, so farmers will lock their gains rather than selling them.

everyone agrees the protocol is top tier, and now they have fixed the tokenomics. this is going to moon to yfi levels.

Yeah, it's a hell of a lot of changes at once. I'd also be tending towards trying out whatever new system they have in mind, but I'm not particularly confident about it from what I've just read desu

How can it be a mirror though? Originally I thought that assessment was correction for their own swap but they just said the following:

Introducing Value Liquidity Token governed through a VLT DAO contract, so burning and locking rewards will be technically possible at a later stage.

(5) Value Liquidity Token may be swapped to YFV 1:1 through a migration contract.

(6) We suggest a maximum cap of 3M Value Liquidity Token, resulting in a total supply of 6.8M tokens in the YFValue ecosystem (3.8M YFV + 3M VLT).

Point number 5. How is it the place holder when we are able to swap YFV for it directly? It sounds more like a new governance token. Idk changes are good but I hope this shit doesn't become to convoluted. I've been happy farming and banking my stack but I'm getting weary now.

>read the latest medium paper - pool rewards will be used by the protocol to buy back yfv from the open market and burn them, contracting the supply. governance vault goes live next week too, so farmers will lock their gains rather than selling them.

So they are phasing out YFV for VLT?

In their pipeline for this month they've announced the following:
Oracle partnership to integrate #vUSD and #vETH
YFV as a collateral asset for lending/borrowing
YFV Partnership Incentive Pools
Governance Vault
Value Liquid
Value Vaults

I am a bagholder. I feel ashamed.

bump

I exited when it hit $70. No way it touches that again

YFValue Protocol , [10.09.20 14:44]
[Forwarded from YFV Announcements]
TL;DR:
1. VLT is YFV version 2
2. Balancer pools will continue farming VLT, no current ratio changes
3. Max Supply suggested: 6.8mil token (subject to community vote)
4. Value Liquid will migrate all liquidity from Balancer (currently at $280M) to Value Liquid and a portion of trading fees will be used to buy back VLT

From the telegram