Holy shit this project seems to have solve the Impermanent loss issue with most LP projects. Even though I made 3x already I am still positive in tokens.
Here is why:
Usually you get 0.3% fees. But on this project you get 4.3% instead. On top of that another 4% will be forever locked in liquidity which is fucking genius. This way you can ever sell for a fair price. How cannot everyone be into this?
TIM SOLVED FUCKING IMPERMANENT LOSS
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TIM IMPREGNATE ME DADDY
FUCK YES!!!
unsustainable
Thats huge desu
It gets sustained by the 8% tax every transaction pays, it rewards holding, punishes swinging, genius.
Usually I would agree. But this genius project has a 4% tax and instead of burning the 4% will locked in liquidity forever instead. This way its not that easy to dump that project, we had a couple of 30 ETH sels today that barely dumped the price. And the longer this project goes, the harder it becomes to dump it.
I predict there will be a lot of forks in the future and probably this becomes a new standart on how liquidity is locked in future tokens.
needs a continues influx of fresh biger idiots tho
noone, absolutely noone, will pay 8.3% in fees to make a trade, are you fucking retarded?
>8% tax
so you like starting at a massive loss do you?
AAAAAAAAH!!!
i think youre retarded...
8% is nothing compared to what these apes are aiming for
?!?!?!
how long have you been in for
this, just a gimmick right now.
roughly 12 hours so far. This was a textbook Cup & handle formation btw.
WTF????????????
where have you been?
AAAAAAAAAAAAAAAAHHHHHHHHHHHHH I WASN'T ON TIME. I WASN'T ON TIME.
>massive loss
what are you, a bitcoin swinger?
>This way you can ever sell for a fair price.
wat
This guy sold all his CORE to get in SAV3
We gonna make it
But did he solve the retardation that is Uniswap liquidity? I want to put 50k into this, but when I pull out it'll eat me 33%+10% more from slippage.
If it was only the slippage that wouldn't be bad, but combined it's 43%
info.uniswap.org
To dumb of a retard to give you an answer faggot.
WHY THE FUCK I AM LOSING TOKENS, EXPLAIN IT TO ME I'AM RETARDED , I ADDED LIQUIDITY WHITOUT THINKING AHHHHHHHHHHHHHHHHHHHHHHH
How do I find the breakdown in the OP?
info.uniswap.org
doesn't show breakdown as cleanly
They're buying the tokens off of you, faggot.
8% Fee on every transaction.
You guys know thats the sickest part of this?
This dude paid a 8% tax which means -> 277 *0.04 = 11,08 ETH
11 fucking ethereum locked forever in liquidity. While the other 11 ETH is distributed to everyone profiding liquidity.
The people actually trying to justify an 8% transaction fee are completely disgusting but also retarded. You'll justify anything in the hopes of MAKING DE BIG PROFITS, fucking third world slavs have no shame.
everybody owning sav3 will make it
So i fucked up?, i could have more gains just by holding
man don't be mad just buy in and wait on 1$ it cannot get dumped anyway
No. 4% buy. 4% sell.
Biz is to retarded for Tims projects, as always. Just end yourselves low iq subhuman niggers.
yes that's how providing liquidity works. it's best if you have a lot and the price trades in a range (so crabbing), but it's still profitable
yes you faggot
but is working, bots and whales cannot crash it for swings
wait wut, i am saying this as a way to engage the army, and unite us all in the goal of making Glitch what it is, a gem from the future
Better to be in on the ground floor.
kek. had to use 10% slippage to sell
gl with this one boys
Well just wait and see. There are many layers of compelxity to that.
I for example did a holding split. I am 30% pure SAV3 and 70% SAV3_UNI_LP.
Just in case the token is going parabolic I still have my 30% that I can not easily sell for profits. But I have to admit that I am very surprised that even though the token did a 4x I am not down much in terms of impermanent loss. So yeah It looks like a great token. Probably the best token of the entire month. And its only 1 day old. Last time I saw those crazy 270 ETH buys was with YFI and AMPL.
yes
Right cause core worked out so great for him lol stay poor biz