Ummmm....this is going to go back up, right?
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ofc it will
$1000 eow
so when the current epochs end, all balancer pools will issue VALUE instead of YFV? Is there no more way to farm YFV?
How does 40 grand sound
Why are you pajeets like this?
They wade through poo just go to the grocery store. I'm surprised when a pajeet isn't like this.
Should i be staking my YFV in the governance vault? or wait till gas prices go down? only got 100 to stake
The rewards in v2 are higher now than in the gov vault.. but the question is: better to get vUSD/vETH or VALUE?
This is literally best time to buy in more.
I live in the Midwest and am making around $37-38 per day at current prices from the Gov vault without any of the revenue additions coming up soon and could use that to pay almost all my monthly bills. Why is crypto so fucking ridiculous. I have only farmed YFV not bought any. I'm thinking about buying now though. 1000 is definitely beyond a make it stack now Im thinking. Based on the volume and TLV there is no reason it shouldn't return to its ATH or even at least $100. The passive income from 100,000 USD would be almost 3K USD per week without the other streams of revenue included. Its hilarious.
how much do you need to invest in liquidity to get these 37 dollar per day?
Jesus Christ user... you’re not supposed to hold defi scams long term they are for pumping and dumping that’s it. Are some people just natural born bag holders?
I guess right now it would be about 9K USD but remember I never actually bought the shares just farmed for them. I'm considering buying now. I can't see it getting much lower.
Yeah this is pretty based. I know people are pissed because they bought high but the daily returns outweigh all that. Once value liquid and vUSD pools go live the returns will be even better.
The Gov vault will use our locked tokens as collateral to farm other protocols(I don't believe that is happening yet)
Value Liquid swap will return 0.05% of the fees back to the Gov stakers
Value vaults will return 6.8% of the profits back to Gov stakers.
This is all supposed to happen under a week and is in addition to what I'm already earning now. Idk this project is either going to be incredibly profitable or crash and burn into nothing imo. Lol Consistent passive income was why I got into crypto. I'm probably going to use the vUSD/YFV pool they just announced in the last medium most likely. I have like 60vUSD or so.
Be careful Anons The UNI token might be trouble for YFV.
It was listed on Binance at the same time it was released.
Watch closely.
Why? If anything I see BAL as the direct competitor for YFV not UNI
The UNI token seems like trash as of now. Its like buying the Curve DAO right now. Lol Go check coingecko to see what happened there.
it could go back up all while I stare at the hero of the story, LOKI
Why would that trouble YFV?
It won't unless the community votes in tons of value capture models but it has a 1 Billion supply so inflation is worse than YFV lmao
I bought 93 and staked because farming made zero sense to me mechanically, i just didnt get it. Staking was between 3 and 5 vUSD a day with 93 yfv, which after rebase is hopefully 10 or 20x. I'm in the vault now, hopefully it works out. If you guys are saying about 9k tied up to generate same... no idea and it seems like a moving target
Im pissed because I bought at 45$, Im a poorfag with only 5 YFV so farming or staking or whatever isnt even worth the gas fees. I only bought this because I thought it would moon.
Maybe it will reach 100$ when Im 50 years old.
YFV is awesome. Have a stack in gov vault.
Are you honestly saying you dont have a worry in UNI + their stablecoin farm reking similar pools.
Where are normies going to farm.
YFV or a binance listed token that is backed by the worlds largest decentralized exchange. UniSwap traded more volume than CoinBase a few weeks ago.
500mm daily volume on average.
I dont want to see people get rekt.
I have faith in YFV - too say there isnt a concern in this Uni paradigm isnt realistic.
nothing happenned on coingecko. Uni is sitting at 3$ still. Look at the optics.
Probably not. I bought 10,000 at $35. I wish I would have just got more DIA.
Only 10 YFV here. Dumped it in the gov vault. I have... 0.38 vUSD after one day haha
Look at what YFV is doing though, these vaults are creating value to holders and stakers with buybacks and burns down the line, new coins in vUSD and vETH. UNI is too big to give a shit about innovation and any changes would take a full DAO voting system to implement which is far out.
Dont you have to pay gas fees to get your farmed profit out? Thats what turned me off, I dont think its worth it for me with 5 YFV
To big to give a shit about inovation?
youtube.com
Uniswap is one of the biggest inovations in Crypto history + he just gave out 40+ million dollars.
Im a huge fan of YFV and invested. not fudding.
Rank 77 - 150+million MC came out 12 hours ago
I'm not worried about UNI at all. It literally produces no value and has a billion supply. Hundreds of thousands will be dumped everyday. I said go look at Coingecko for what happened to the Curve DAO governance token. I see UNI doing the same thing. It might have an initial huge pump and then be crushed under never ending sell pressure.
Yeah they did this only after sushi swap gave them a fucking run for their money lol. They’re not doing this to be innovative, they’re doing it because they have to to compete.
It's done, they fucked us.
You are correct, getting your gains out gets totally wiped out by gas unless you have a decent amount of yfv in play.
at the very least, put it in the vault and let it sit. earn vUSD. Do this off hours, gas will be minimal just to get it in, then let it ride.
That will actually be solved with the new Value Liquid swap exchange. Per the medium article from the 5th:
Furthermore, we have added another layer of innovation to Value Liquid. Partners of the YFV protocol will have the ability to add their own token distributions to Value Liquid through a staking proxy contract. This means LPs for the Value Liquid Pool will automatically get their favorite farming tokens automatically, thus saving gas and increasing security.
The current farming design in all yield farming projects requires farmers to add liquidity to Uniswap or Balancer, then use its liquidity pool token to stake in the project’s pool smart contract. These two steps require significant expenditures in both time and gas costs. Value Liquid makes this process far more efficient; farmers only need to add liquidity and can start earning right away.