YFI

When do you guys think we're hitting $100k? Do you think it'll ever hit a million?

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january some time

I'm hoping by EOY, feeling very comfy holding this.

Just got up to a full YFI token on the dip and feeling comfy as hell bros. I’m thinking 100k EOY and possibly 1 million peak bull run over the next 1-2 years. There will be some psychological FOMO once normies hear there’s a coin worth more than bitcoin and has the potential to reach a million

How is this not a ponzi? You earn interest from locking up crypto with them but where are they earning the income to distribute those earnings besides with other users funds?

Until the whole yearn ecosystem collapses from 1 bug

Yea it's funny cause I was trying to swing low cap coins so I can increase my YFI holdings, but it turns out just holding YFI would probably yield me a similar return with less stress and more time on my hands. We need another August hype cycle for that I think, the market cooled off a lot.

Usually people want at least whole 1 coin ...
I doubt normies will be into buying fractions of coins, and most can afford 1.

They'll look at it and say.. meh too expensive.

be interesting to see what happens once rates normalize

meant to say "most can't afford"

Where do you stake YFI ?

I get that, but that didn’t stop most normies from FOMO’ing into bitcoin with lunch money for tiny fractions. I could see it going both ways

It’s so damn expensive yet at the same time it hurts me to sell every single one of them

The new single side amm borrowing shenanigans is just mind blowing and they are voting to burn the YFI minting function of the SC forever.

This should have been our coin. This was the next link, except this time we were slow :(

I don't think it's too late, I see a lot of smart money backing up this coin. I don't see why it wouldn't be a top 10 coin when you have shit like litecoin...

m.youtube.com/watch?feature=youtu.be&v=SkTuMVBLBNQ

Andre says here that the new lending/single sided amm/everything collateral stablecoin will allow the 10x the influx of capital into the system.

If you’re not diving in this rabbit hole right now and yet is chasing food protocols you don’t deserve to make it

Why do banks compete to hold as much of your money as possible? Because they can use your capital to allow for other investments that make them a return (loans, investments, repo, whatever).

YFI is just doing the same thing and you're not getting totally jewed by the money holders, largely because the governance structure of the system is set by the token holders.

Imagine not understanding that this is literally one of the largest banking ecosystems in crypto and by holding the YFI coin you're able to participate in that system. This is still underpriced by a magnitude of 10 at the very least, most likely 100 and possibly even 1,000 if they can figure out a derivatives market.

I don’t think it’s too late yet either. It’s just way more expensive than I wish it was lol

>I didn’t buy YFI at 3000$

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They’ll fuck DAI real good with the everything collateral stable coin

I share your pain

Zig Forums failed us with YFI, it blew right under o

I saw it shilled at 2k but it was already up like 10x and Andre came on record and said the token had no value and he didn’t understand why it had increased so fast to the price it was at. Then the shit pulls another 15x from there. I fell for his fucking 4d chess and feel like a goddamn retard

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People use biz to shill pump and dumps mainly.

This is a finance black hole that, along with AMPL, will suck up the decentralized finance sector. Market cap unironically going to 1T.

It was posted many times but was drowned out by uniswap scams. I remember opening a new thread about it the week it was released, looking at the website, seeing the shit liquidity and price on uniswap, and then closing those tabs to masturbate to trannies on /gif/.

I’ve been on here for 2 months straight everyday and only saw like 1 YFI thread with barely any replies and only once did an user tell me to buy into it but all he said was: ”Go all-in on YFI” Zig Forums doesn’t want us to make it they just want to make it alone

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Better late than never, and even then we technically aren't that late, what are your current holdings?

>I sold at $5000 and thought I was a genius trader

OCEAN, XSN and QQQF. Used to hold STA too..

same. we're gonna be okay bros :(

>When do you guys think we're hitting $100k?
by halloween

Top 100 wallets hold 26k of the 30k topkek. Exchange wallets or not, too skewed.

Yea, nowadays we just have retarda shilling statera

I miss the old biz, assblaster, drunkanon, sibos, all the awesome farsighted folks that unraveled chainlink back in 17.

Nowadays it’s hard to see any decent discussion, even past the noise

YFI to 200k eoy

There’s hardly any reason to sell anyway

scam link at 5 bill map. i feel like200k yfi is few weeks away. that matches link mcap

I believe Defi projects are igniting this bullrun, imo you should invest in stuff like SNX, LEND, COMP, YFI, UMA etc.. Maybe set aside a little bit of play money for small cap coins to speculate on but not too much.

biz missed every big defi coin aside from link. jannies have been deleting yfi/snx/aave/nxm threads for a while. just look at what the big crypto funds are holding

tell me what is next YFI retard. is it FARM ? or some shit tell us