CORE APY is OVER

This happens to every single farming shitcoin. Don't feel bad.

Attached: COREDUMP.png (250x100, 2.73K)

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medium.com/@colibri.finance/colibri-finance-better-yield-farming-approach-c675a67d9ac4
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It was nice while it lasted

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Was it? I guess so... the devs seem really sketchy tho

Resale value for LPTs on balancer is plummeting.

It was considering that apy will eventually settle at around 50%. And yes you can't exactly sell when apy is dropping, because lp token price crashes at that point, so things quickly get complicated. Holding the pump is better of course than farming volume.

The problem with this is the "non-inflationary" token is worthless because ppl buy and stake the LPT and there is no reason to use the CORE token except to dump farming profits. Seems like a straight line to zero.

End of epoch baka,it will recalculate back to normal levels soon.

it's up already kek

Ya I guess it's only losing about a 150% per day which is decent for these farming scams.

...Dev will have rolling average next time for all the retards who don't understand a reset

why did the APY decreased that much?

Yeah but it may bounce up a bit. Such is the standard scenario with all farms, I am looking now into forks, bought into amplyfi liquidity event an hour ago with my 30 eth core profits.
The key is being as early as possible.

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It's a new epoch, APY calculations just started over.

why did the APY decreased that much?

because they were scamming by leaving 7 days worth of history there to make it look way better than it was. the dev is totally corrupt

Dev reset the counter, has said he will implement a live tracker instead now because people ask constantly about it.

3.167 LP staked
0.001783 claimable for 3.3 hours
~0.004 CORE per LP a day
~312% APY if you buy CORE, but LP on balancer is 30% cheaper now, so actual APY is ~400%.

You didn’t think this would last forever did you goys? Hope you made big money but don’t forget to take profits on these scams. Invest in quality projects like Polyient Games (PGT) and you won’t have to worry about exitscams, rug pulls, shady user devs, whilst participating in the next upcoming trend of NFTs and gaming.

actual APY was approximately the same, I checked it.

Kill yourself

NOTHING I do as a farmer is good for the core price.

EVERYTHING I do as a farmer is BAD for CORE price.

There is unironically no reason to transact in or hold CORE.

I buy the LPTs on balancer and dump my farmed core on you moonbois. Soon I will dump my LPTs too because the APY is going to absolute shit.

Explain to me how this project is not doomed from the start.

The fucking retards are discontent with a huge 400% APY. They should go to a food token farm with 100000% APY instead and shut up.

such smol pp energy posting other tokens in a thread for a different token. dont know when but it seems there's actual low IQ peasant class that think this is acceptable behavior

There is always this one dude in every core farming thread who claims insane returns are eternal. Are you the owner of the pool on balancer with 9% fee? It's like you are 9x kike.

you can stake a little amount and check it yourself if you doubt.

This is the problem. This is just the same as all the food shitcoins. You can wrap your scam in a windows 3.1 hipster theme and name it after something besides food but the mechanics are pretty much the same. This one doesn't inflate but they forgot that the only incentive for farming tokens is the insane rewards which butn out after 2 days. This whole thig is just as retarded as kimchi or bacon etc..

And if it won't be as good as gullible me expects, then I am paying you 9% fee twice, first for buying, second for selling. That's like giving you more than 1 eth for 1 lp token.
You do realize that if it would be that good, a whale would buy all those tokens already?

No, because the foodcoins are inflationary but CORE is deflationary. APY will decrease over time but you actually can make money with it. Also it's been rising for more than a week, but a foodcoin usually dumps in a day after start.

>You do realize that if it would be that good, a whale would buy all those tokens already?
When CORE price constantly rises, it's more profitable to hold CORE in a short term than stake it.

The real problem with core is that the entire premise is flawed.

NOTHING I do as a farmer is good for the core price.

EVERYTHING I do as a farmer is BAD for CORE price.

There is unironically no reason to transact in or hold CORE.

I buy the LPTs on balancer and dump my farmed core on you moonbois. Soon I will dump my LPTs too because the APY is going to absolute shit.

Explain to me how this project is not doomed from the start.

>Dev reset the counter
sorry brainlet here. What is the counter?

you are providing liquidity, dipshit

You are an absolute clueless loser.

>you are providing liquidity
I've done that already.. now I am draining it's value slowly. I can only hope retards will continue to delude themselves into thinking CORE is worth money so I can keep doing it.

providing liquidity for what

they are bleeding and don't even know it

>all this sudden FUD right after we break resistance
OP is a faggot and trying to get you bros out before this next massive pump

trying to save some frens some money. i already explained why the system doesn't work. stop trying to unload your bags on clueless newbs

>11 posts by this user
What's your motive, faggot? Are you in cahootz with that loser 14 year old moron and cyotee or what?

your explaination is just you being a boasting faggot about buying LPTs. the apy FUD has evolved since last week and i give you credit for your creativity but i guarantee you will shut the fuck up after the pump and have to think of something else

nah this thread is just uncommonly dense.. even for this place. tokenomics guarantee a straight line to zero user. why are you so attached?

farming of this coin doesn't even matter, it's a store of value

now i know your baiting. everyone knows its literally impossible to hit 0 due to the code itself. there is a base price and it cannot go below that.

more like a store of sunk cost

More FUD, APY is back over 350%, it was low because the counter was reset and it wasn't averaging out yet properly.

not to every one. check this out:
medium.com/@colibri.finance/colibri-finance-better-yield-farming-approach-c675a67d9ac4

i mean this is what some gullible noobs believe yes, but do u believe that it is mathematically immune to dumping? this is going to be hilarious. The eth will stll get drained fren