Can somebody please explain to me when we can actually see the price rising...

Can somebody please explain to me when we can actually see the price rising? Im just a poorfag with 10 YFV that I didnt really buy to farm/stake whatever, just thought it would moon.
But here I am, waiting, while it crabs forever. When are they actively going to stop the YFV farming so whales stop dumping?

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I wish i knew user, i bought 90 of these and am down at least half at this point. Chasing scams and getting burned, whale farmers are making a fortune, 10's of thousands of dollars a day on this. The leaaon in all this is if you dont have thousands of eth you arent afraid to loose, this is always chasing hopium...
I have been zerod out on rugpulls now 4 times, im a minnow, its on 2-3 eth each time but its wearing me out seeing all previous gains being wiped out

You’re not supposed to be buying it right now, you’re supposed to farm it. Never buy these tokens before the farming distribution has concluded because you will crab at best and be dumped on at worst. YFV may end up being a good buy when all of it has been distributed but I wouldn’t touch it with a ten foot pole right now.

I was told by other anons it was going to moon soon because of the new update? Im just a newfag who doesnt understand these coins, kinda wish I never bought it.

if you're new here, just remember: the more FUD something has, the more likely it is go to up. the more shilling something has, the less likely it'll go up.

losing capital compound the same way earning money with it do, careful with that bois...

>I was told by other anons
That was your first mistake. Always DYOR. Never take the advice of faggots on here at face value. Nobody here is your friend, we would trade your soul for an extra ETH if we could. You have to look out for yourself.

Gov vault released today. By September 21st there will be the following:

Traditional Gov staking revenue from getting more YFV, vUSD, and vETH
Yield from using the staked YFV as collateral to farm other protocols
Yield from Value Liquid swap exchange back to YFV stakers (.005%)
Yield from the Value Vaults back to YFV stakers (6.8%)

I'd imagine if the team actually pulls through this will eventually take off. They already have over 450 Million TVL in the Balancer pools which will be migrated soon to their own swap plus they have it set up to steal from Uniswap and Sushiswap as well. The total supply was just cut from 12 Million to 6.37 Million and I believe pool inflation rates are going to be reduced too. The devs are clearly trying and based on the TVL and volume of the project alone you'd think it would be already higher than 50 Million MCAP. I have never bought any just farmed but am considering doing so. I've heard 2000 is top 100 wallets and might shoot for that although I'm a bit far off. I'm getting close to 1000 though. This project is a my moon shot because it will either crash and burn or be one of the few YF clones that actually survive for the long term.

It might rise as people lock it up and farm $surf with yfv. I think they’ll have a pool for it.

Thanks for the clear answer. Guess Ill wait a little while longer then.

I didn’t know they’d have a pool for it. I was planning on using Link/Eth to farm. Now I’ll probably do both to double the gains. Fucking based.

you fell for the shills, OP.
whales farm this coin which means they get a LOT of YFV. what do they do with it? they sell it. but they need people who buy. so what do they do? they shill newfags YFV and tell them "moon soon, perfect opportunity" so newfags buy their coin and they get value from farming it. if there wasn't any demand, they couldn't sell their tokens.
so basically you fell for it and paid. it might go up again, but if you don't farm this, you have no business holding it right now

why didn’t you purchase chainlink kiddo

This rule is true a lot of the time but it has exceptions. There is a difference between shilling and enthusiasm though. Often people will just spam copy pasta and tell you to buy which is a bad sign. However dynamic discussion about a project is a positive sign even if the price action doesn't match at the time. I see parallels with LINK threads from 2018 and YFV now a little. People believe in the project because the tokenomics are sound as fuck and the team appears to be honest and hardworking albeit could have better communication at times. The only difference is the community as a whole is complete cancer for the project based on the telegram for example. Its one of the reasons I'm skeptical of outright buying. The average IQ is probably 88 in there.

Yes and no the volume is routinely 60 Million or more the whales should have plenty of people buying without needing to shill. I think its more moon boys that bought 20 at $80 and think their efforts will pump it. I'm not discounting the fact that whales are/were dumping en masse but they have plenty of volume to do so already.

just a quick correction user, the Value Liquid Exchange will be distributing 0.05% of fees to stakers in VALUE, not 0.005%. Very similar to sushiswap
>0.25% to liquidity providers/pools
>0.05% to buyback VALUE and distribute to gov vault

i mean, judging by the telegram group, i'm not surprised there's that much volume and that many people buying.

Yes you are correct one too many "0"s.

Yes, but the question is, when will YFV farmers be incentivized to no longer dump their farm so the price can rise?

When the staking rewards are attractive enough to stake vs dump or the inflation rewards get nerfed hard but then that kills the TVL and people seek profits elsewhere. Lower TVL will get the staking profits in turn. The team is trying to produce a balance but the community doesn't understand the long term tokenomics. Once all the tokens are farmed things will likely be better but even before then the effective circulating supply can be reduced significantly if whales were incentivized to stake not sell.

I think the profit streams from combined will change the dynamic but we shall see.

Lower TVL will provide stakers with less profit in turn*

>When the staking rewards are attractive enough to stake vs dump or the inflation rewards get nerfed hard
Aka never?

Read . These are the profit streams that will be attached to the Governance vault in the coming week or so, most by the 21st. Its possible those things combined will be enough. If the Value vaults are popular and profitable then it should provide tons of passive income to the Gov stakers. No one really knows how it will turn out but I'm farming and holding because if successful this project can easily reach 500+. It can also go to 0 practically. Its high risk high reward.

I know theyre trying to do their own thing, but cant they just do what YFI did to increase the value of the coin

Can you explain where the value comes from other than dumping on future bag holders? No? Then don’t fucking buy it.

Be more specific? What did YFI do exactly besides be the first, have a significantly lower supply from the start, and have Andre who is a leader in the space now. People trust him for the long term. From what I'm seeing YFV plans to have more value capture methods for their Gov token than YFI currently does.

In mid-August they announced a rough timeframe of 5-20 weeks, depending on how many users ended up farming
When I first entered this space I lost a good deal of money buying things I didn't understand. Sometimes all it takes is reading a project's own press releases on Medium. This board was full of "YFV moon when?" posts after only two weeks of farming; very basic research would have given an answer to that question, pretty much just reading the Medium articles and looking at the token supply

Ok, thanks for explaining to a brainlet like me fren. I knew I shouldnt have gotten into this coin I dont understand half of the shit going on with it. Probably staying out of defi after this

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Damn. Too bad they didnt think of this sooner. Someone ahould fwd this to the team.

the gov vault was only released today and so far 68% of the circulating supply is staking. That's a shit ton and should increase over the coming weeks, especially as the APY gets more lucrative when the new revenue streams are implemented. I expect to see around 80% of the supply locked up in the gov vault desu, which is probably higher than any other project. I'm pretty certain we've already hit the bottom and should start the bullish cycle soon, most likely when btc finds stability/crabs for a while and stops bleeding all the alts

Im holding my 10 YFV just in case they moon one day

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Increase in price is sure as soon as dumping ends. If their tokenomics work it will be great source of passive income even for small stacks. $250 EOY