Making more farming XMM than being a wage slave

Getting over 600% APR farming XMM. Think I'm going to quit my job and spend all day making money and jacking it.

Project audited and Liq locked for 13 months

Website:
xmmtoken.com

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youtube.com/watch?v=v3-KfmoGIEI
xmmtoken.com
defiat.net/
defiat.net/.
esatoshi.club/momentum-x-satoshi-club-ama-recap-from-26th-of-october/
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isnt this kind of similar to statera? are the devs of this committed to the token, are there faces to the team? or is it gonna be some more user devs that dont do shit and the coin stagnates and does nothing?

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Started as a simple statera competitor, yes.

Even then, the token itself was already better since the variable burn discourages swinging. It's not just a lousy copy like stonks.

The lead dev is definitely committed to this thing, and he's doing his best to make it into one of the best tokens in the DeFi sphere. Although, you are right, he will remain anonymous for a while still, I think. Maybe he'll change his mind if marketcap gets higher, I dunno.

The point is, right now he's working on making his own yield farming app. And just like it was wirth his Statera-like idea, he's also working on actually creating new things that make the whole system better, instead of just copy-pasting code and calling it a day like 99.5% of yield farming tokens. It's about adding value to the token, not selling another system with its own independent token like Cronje always does.

As for the plans that come after that, no one knows. Once the yield farming app is done, I'm sure there'll be something else that the dev can improve on and integrate to the token's use cases.

You poor. I make 100000k a year. No way you farm more than that.

I'll post some DEV responses from the recent satoshi ama to clear some of this up. He can explain it better than anyone.

- So originally the project aim was to build on deflationary index funds. The idea being to use a deflationary token's DEX liquidity token inside a Balancer pool to force constant trading pressure and constant burn. I was motivated to create a deflationary token that would produce a more effective overall burn rate. Two index funds have been set up and since then we have partnered with DeFiat to utilize their PartnerStake technology.

Explaining how the variable burn mechanic works- The long momentum and short momentum essentially act as running averages of recent transfer sizes. They are used to calculate the transfer fee based on the size of a transfer. If an incoming transfer moves the long and short momentum further apart, a higher 'destabilization fee' will be calculated and applied to the transfer. If the transfer brings the two momentum values closer together, the minimum transfer fee will be applied as the transfer is considered to have stabilized the momentum. This all works to reduce the damage done by swingies.

The DEV is remaining anonymous for the time being, but liq is locked for 13 months, so you can expect at least 13 months of solid effort. however, he has said that this will likely be relocked or put to better use if needed.

Dev is doing practically everything by himself on lines of cocaine and adderall. Not really he's just a really dedicated and comitted worker to the project. He's accomplished so much in such a little time like partnering up with DFT and almost finishing XMM's own yield protocol.

The top hodlers are all dedicated iron fists who actively try to improve the marketability and use case of the coin itself. It's an all around great project that is currently criminally undervalued, so now there is no more perfect time than ever to get in before this thing takes off.

>Dev is doing practically everything by himself on lines of cocaine and adderall.

Sounds good

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>As for the plans that come after that, no one knows. Once the yield farming app is done, I'm sure there'll be something else that the dev can improve on and integrate to the token's use cases.

So you're all buying into the developer?

Guys a side note, but i need to tell you how much I've been making on crypto casino.

this is also a great finish metal band, look it up !
youtube.com/watch?v=v3-KfmoGIEI

When the home made yield recipe hits. It's gonna be gud

He has to buy into himself basically. Any profit he'd be able to make is locked until December 21st 2021, so he would need to keep at it if he doesn't want to waste an entire year on something that made him lose money.

He's currently going out of pocket to cover any expenses right now, albeit from his own XMM wallet.

Simply put, yes. If you don't think the guy can pull off a custom yield farming app, just watch from the sidelines, maybe you're right.

But as far as I'm concerned, the variable burn idea was unique and well implemented (audit found no critical vulnerabilities), so I'm sure he'll come up with something good. Even if it doesn't happen in the next 24 hours.

>Getting over 600% APR farming XMM.
>xmmtoken.com
which pool? it doesn't show the APYs on the website.

That's basically what every project is.

Easiest 600x of my life

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defiat.net/

Connect wallet and stake there

Staking is being done through our partner Defiat

defiat.net/.

APR is around 300% but experiences a 200% boost when you have 100 DFT staked.

Should I bite? It's in the shits now. Something something when blood in the streets I should buy

People pulled back into liquidity. We barely lost any hodlers

Shill me in a haiku why I should buy?

Farm it bro, probably make around 1000xmm a day staking an eth of xmm. You could wait till we pump back up if your worried about impermanent loss

esatoshi.club/momentum-x-satoshi-club-ama-recap-from-26th-of-october/

Recent satoshi ama recap for anyone interested