$yfVALUE

>Best staking returns in defi (legit projects, not 800000% apy zoomer scams)
>Value liquid most likely coming this week
>Weak hands shaken out, sell pressure essentially gone
>Still extremely undervalued

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Is this legit?
What if they scam me and they rug pull?

Smart money buying in, stay poor
>Bought 4,208.53 YFV for 84.0141 ETH ($29,785.84) on Uniswap
>TX ID: here | Uniswap pair: here
Price: 0.01996279 ETH ($7.07748877)
>Wallet: 0x4a32423b54d4d9efdee65eca9bb43c710b86778b
Total volume for YFV today: $792,990
# of transactions for YFV today: 454

They would have rugpulled at $80. Instead, when YFV was hacked, they literally burned the governance keys (effectively blocking themselves out of a rugpull) just to save everyone's money. They literally anti-rugged

This will hit $50 once zero inflation is reached, my only problem with this token is the community is pretty fucking retarded

I agree, there's a lot of retards in discord/telegram, but with something targeted towards the masses, you're going to get a lot of tards. As long as the fundamentals are solid, idiots with 1 or 2 tokens who bought in at $75 crying in discord about "when moon?" should just be regarded as noise.

Best staking returns until people actually use it, then it will be some other mid-tier YFI clone with the highest returns.

Also any news on when Veth and Vusd will start rebasing?

Value liquid is priority right now, then phase 2/3 of vaults. New October roadmap in a few days I am sure they'll explain it all there.

>best staking returns
>sell pressure essentially gone
hmmm....

If that's true why is the entire defi space rapidly trying to copy what yfv is doing? (Why the devs have to work in almost complete secrecy/silence)

The code for rebase isnt all that hard/time consuming, I imagine they're waiting for the right moment from a marketing perspective

I have noticed that in the functionality of CORE and ORB, probably various other Ponzi tokens. Still, if we look at TVL and assume it would be on par with YFI, the returns in the vaults would be marginally higher. Staking rewards for the governance token would be higher for sure but I'm not sure who would want to own it at this point.

I think the main reason there's so much hesitance is because value liquid isn't out yet to tie yfv, VALUE, wETH and wUSD together. I've been making like $50-75/day in wUSD/wETH, but they need the liquid ecosystem to actually tie/rebase them to their proper value. As it stands right now though, at the very least, there's some pretty ridiculous arbitrage opportunities out there for all 3 right now compared to YFV. There's lots of people buying up wUSD for like $.50 which is basically a guaranteed 2x.

Also don't forget, something like $245mil in liquidity is leaving balancer when the value liquid contracts go live (guaranteed, that's not even counting people who leave for better returns). Balancer is worried as fuck, and it wouldn't surprise me if they're the ones sell-botting and fudding yfv currently. It's almost certainly the most suppressed token in crypto right now

Also dont compare this to core/orb lol, you can actually withdraw and cash out with yfv... Although as said, I'd definitely wait until value liquid is out to do so

Also no minimum staking requirements, or arbitrary hold periods. You could stake for 1 day with 1 token and withdraw if you want

It's just a shame that the developer is a racist.

Great project though, all in on YFV.

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Community is retarded because it contains a bunch of casino pajeets who thought this was just another Y-clone that was going x100 in a week and then dying. These curry niggers dont have the patience for a legit project.

>It's almost certainly the most suppressed token in crypto right now
I had the same thoughts. One of the most legit Y-tokens out there next to YFI, if not MORE progressive than YFI even. Yet the price keeps tanking and tanking and theres so much FUD everywhere.
I think there are some people with a lot of money that dont want this project to succeed.

Lol

Bingo

It's more progressive in the sense that they want to rely on others to hold liquidity for them, and they're developing their own cex platform. Well, they're doing the final tests now, apparently it's already developed

>Cex
Meant dex

>they literally burned the governance keys (effectively blocking themselves
thank you
why does this action save everyone's money?

>zero inflation is reached
what is zero inflation in this case and why is it important?

It just means all the VALUE has been farmed, which should be about 2 weeks now. At that point all of the revenue metrics implemented will be doing more buy backs and burns than selling most likely.

I like YFV and Ecochain desu

It means all the tokens are in circulation, no more sell pressure from farmers, similar projects (YFI, YFL YFII) did 10x when this happened, I expect us to get $50 when this happens.

Hackers weren't able to drain the pool then. But because of that, they werent able to add onto the yfv ecosystem anymore, so they had to make a new token VALUE which is exchangeable 1:1 on yfv.finance. eventually they will be migrating completely over to value

I'm busy farming using the Link balancer pool and I have ZERO CLUE how this project works even though I'm making money.

Anyone with links to it? I'm reading through the docs on zapper.fi and it seems like Zapper.fi is just a UI that consolidates all the yield farming platforms since it's showing what I've accomplished on YFV's platform.

>I have ZERO CLUE how this project works even though I'm making money.
You and 99% of the rest of the people into this.