House of Cards (HOC) has a fixed supply of 200 tokens. 100% distributed to the community via yield pools. Governance utility token. All tokens made by and for this farm are 100% distributed to the community via pools or utilized for initial liquidity. It incentivizes holding farming rewards instead of dumping them on the market by allowing you to level up your farming ability once you have a certain amount of the farmed token in your wallet. The leveling up boosts are 5, 15, 30, 60, 100%. This is an attempt to fix or slow down the main problem with farming tokens which is that people immediately dump them on the market decreasing the value of the token you are farming until it's not worth farming anymore. There are also two other tokens XXX and AWAKE which were launched at the same time as HOC that can be earned through staking and liquidity farming. Used together it's a complete ecosystem with much more game theory and incentives than a typical farming platform and because of this it's designed to pay out more, pump harder and continue to be profitable for longer
House Of Cards
I'm in you son of a bitch
with working product, 200 supply. ill go for this..
all in with 20 eth each user letsgo
>Sirs, today I present to you the latest way to trick Zig Forums into giving us money. please remind sceptics to "stay poor".
>-your Desi fren, Poojeet
this shit will moon just because of the crazy low supply and actual website
Do they have a twitter yet?
It hasn't been shilled at all, the dev created a working product and then just walked away lol.. The code is public and verified. I've had a couple people go over it and it looks great. Lets Gooo!!
WOW!! AN ACTUAL WEBSITE?
A REAL FUCKING ACTUAL WEBSITE?
WHAT ONE OLD WEIRD TIP DID THEY USE TO MAKE AN
ACTUAL
WEBSITE?
PLEASE SIRS TELL ME. I AM BEING ALL IN FOR 500 ETH
Ahaha, got a popup that a new pair has been created on uniswap, see a shady looking token name, think to myself "there's gonna be a Zig Forums thread about it and how it's worth to throw ancouple eth in". Not surprised
Really I saw it too and saw the low supply so I didn't pay much attention. Then I saw some people in a tg group I'm in talking about it and got in myself for a quick pump when I saw how it works and learned a bit more about it I was impressed, Then I realized it wasn't being shilled at all so I figured I'd make a thread. I never make biz threads about projects, this one just interests me.
Do you see the scams that pump without even an actual site?
You don't visit biz often, do you?
>Then I realized it wasn't being shilled at all so I figured I'd make a thread.
With a supply of 200, it will be easy to pump if you keep this up, once every 3-4 days
I used to pump a shitty Waves DEX coin here and it was a liquidity trap.
I built a small market but realized the dev was dumping on my pumps and 1,000,000 tokens so I stopped
Fascinating. You managed to do all that in less than 3 hours? Solid.
They chose the worst name imaginable. So when/if this “house of cards” crumbles something inside you won’t be surprised.
>5% staking fee
lol
Oh, and contract creator address receiving three x 10 eth from tornado cash little less than 4 hours ago and another 10 eth 12 hours ago, not shady as fuck at all.
it get's paid out in divs to stakers. Just another way to incentivize the growth of the platform. Almost all other stakng platforms have at least 10% in and 10% out fee if not a lot more.
>Almost all other stakng platforms have at least 10% in and 10% out fee if not a lot more.
what the fuck are you even writing about, I'm yield farming since late June and I never paid any fee
How is that shady at all. You can only withdraw from tornado cash in 1-10-100 or 1,000 eth increments. The 30 eth were added to the liquidity pool with the tokens. He had to do it in 3 transactions do to the nature of tornadocash.. Why would an user dev want people to be able to track everything he's ever done with his private wallets. He clearly created this wallet to launch the project and wanted clean eth to do it. The code is published, you sound dumb.
There is yield farming and staking on the platform. There is literally not staking platform with out a fee and the 5% fee is for the staking not the farming.
no* staking platforms*
Fee is for everything don't bullshit me. If you deposit eg. weth to farm you lose 5%.
>There is literally not staking platform
no idea what do you even mean by 'staking platform'
The top pools are for liquidity farming, the bottom pools are token staking pools not liquidity farming pools. For the farming pools there is no fee at all, for the token staking pools there is a 5% fee which gets distributed to the stakers. You will never see a staking pool with out a fee because it defeats the whole purpose of staking, the fee is where the staking rewards come from for the people in the staking pool.
>You will never see a staking pool with out a fee because it defeats the whole purpose of staking, the fee is where the staking rewards come from for the people in the staking pool.
you described an old fashioned ponzi like the ones made by just team, not a 'staking pool'
this whole project was made by someone (almost certainly you) who doesn't understand the ponzinomics of yield farmed food tokens at all, doomed to fail, nobody cares about straight ponzis anymore
it's all published on etherscan..
I forgot to mention an important part of the project.
If the TLVC, total liquidity value cumulative, reaches $1 billion within one week (the Kimchi community did this within 24 hours and they didn’t even offer a giveaway) then we will gift back $12,500,000 of pool entry fees to the top 50 HoC holders. That’s correct: $12.5 million. And only because the question will be asked – what if we somehow hit $2 billion TLVC? Sure, we’ll double it to $25 million.
That's a joke, right? The """code""" is generic ERC20 boilerplate with only three things changed: name of the token, ticker and amount that has been minted.
Here's a free audit: "0/10, pajeet scam"
it's literally the same farming mechanism as kimchi, but with an added incentive to hold farmed tokens instead of dumping them on the market because of the leveling up function. idk why people even post about projects they like on Zig Forums it's full of idiots who want to do nothing else but fud shit they don't understand.
kimchi had no fee
it's not a ponzi
dumbass
fee on entry isnt a ponzi but a fee out and in is?
I can make the fees 1% on a "hourglass" pool and charge 5% on a normal pool
but you consider the hourglass a ponzi but pay me more on the non-ponzi
you see how youre dumb?
This is beyond retarded.. There is NO FEE on the liquidity farming pools.