SURF.FINANCE GENERAL /SFG/ Zig Forumstard, come home. Edition
[INFO] >website: surf.finance/ >TideRider's Promise: warosu.org/biz/thread/22114989 >Community (Yostari) maintained news hub: yostari.medium.com/surfs-up-the-beach-a0c5527ba99b >dApps Announced The Whirlpool [LIVE] SURF3D [LIVE] The Harpoon (pep project) [MAIN-NET TESTING] Surf-Stacker [LAUNCHING SOON] >4 dApps teased >Where? Tranny-land >What? Surf.Finance is a suite of dApps with a central investment vehicle known as the whirlpool, and a set of disclosed and undisclosed dApps which generate token velocity to feed the investors of said Whirlpool. SURF3D is a simple hourglass contract, The Harpoon is a yield farm vamp dApp, SURF STACKER will basically be a vaulting dApp fed by the developers own donation to the project. More applications from a team of pseudo-user devs will feed the projects investment vehicle. >who? Devs are: Proof, Crypto-Man, pep, Mr. Fahrenheit, etc.
The token supply has already hit it's limit, you're now left with a set of deflationary mechanics on an asset which, when turned into LP tokens, entitles you to portions of the dev fees from this teams developments in addition to the token flat fee of 1% on movement. The token will be involved in interactions with their future dApps, in addition to the ones that are live. The token will also be a governance token in the future, after the ecosystem the devs set out to build is done. (There is already locked liquidity which will be at governance disposal once this passes).
Hop in here, and don't say I never did anything for you.
The lead developer is tending to household issues right now, but expects to be back to full time work within the next few weeks, and has commissioned community members to create content for giveaways to keep interest up within the community. No advertising to my knowledge is being done at the moment outside of any shilling done by original members of the group, when this leaves stealth mode you will want to be in.
The main developer launched the first stable APY distribution farming phase governance token, and it gets completely slept on. Launches a crypto dividend fund so biz can profit from the development fees and volume on his teams dApps, slept on.. Created the first useful NFT investment vehicle in the surfboards, slept on (currently worth about 100 SURF/ETH LP in divvy payouts).
>Launches a crypto dividend fund so biz can profit from the development fees and volume on his teams dApps, slept on Divs are nice and all but they are paid in a token that does nothing.
Sebastian Myers
Governance + whirlpool is all the surf token needs to have value, the deflationary mechanics and use in other dApps adds value. Try new FUD.
>Governance + whirlpool is all the surf token needs to have value, the deflationary mechanics and use in other dApps adds value. Try new FUD. So you have governance tokens which give you governance rights over a whirlpool that generates more governance tokens of said whirlpool.
And on top of that you can use DApps whose sole purpose is to generate more governance tokens. Yay.
Tyler Kelly
You have a governance token which also functions as entry rights to a dividend pool. The dividend pool has only been open for two weeks, it is currently distributing the SURF from a 2K eth buyback, and will be the governance token and sole investment vehicle for multiple applications. One of them is a yield farm automation tool live on main net which lets you pull profit from OTHER FARMS. Stay the fuck out and stay poor you pea brain dipshit.
You are one of the faggots in the board-room who bought his board thinking it would let you dump on the crowd aren't you? Why don't you just sell? The whole server is waiting for you nekkers to sell before pumping it to the moon.
>Stay the fuck out and stay poor you pea brain dipshit. LMAO! Have fun governing the whirlpool with your governance tokens and getting dividens paid in even more said governance tokens!
Governance will also decide what to do with the community liquidity pool that collects in the whirlpool. It can be used for another token buyback like THE EVENT, or whatever else the holders want.
I'm just excited to see where this will be a year from now. The whirlpool was built to suck money in.
Caleb Stewart
You actually think we'll hit as low as 500K circ? What does the napkin math price level look like at that point to you?
>The FUDers haven't read any of the links, they have no idea what THE EVENT is or how we could enrich ourselves by doing it on loop ad infinitum. The event crashed the price of the surf token. Why do you want to do it on a loop ad infinitum?
Juan Brooks
The point wasn't to prop up the price like the farming apes wanted, the point was to fill the whirlpool. And they succeeded fantastically.
Xavier Johnson
>The point wasn't to prop up the price like the farming apes wanted, the point was to fill the whirlpool. And they succeeded fantastically. So by doing this on loop you can fill the whirlpool with even more surf tokens, while crashing the price. Genious.
Asher Mitchell
It's also not the only thing that governance can decide to do. And honestly, governance are the ones I least trust to control the whirlpool. I'd rather it's kept under control of the multisig for at least a few months/years
Owen Brooks
It almost seems as if you pajeets all hate cashflow...
Surf is currently a digital nation with a harpoon armed military. It's all fun and games until your filthy shitcoins get drained!
>they succeeded fantastically. lmao fuck no, they wanted and thought it would extend the farming phase, it did the opposite.
Dont know why they didnt just buy in increments, would have kept the price more stable and made more surf for the whirlpool
Jonathan Scott
You realise that they intentionally wanted one giant candle, and they also front ran their own buy with a bot that they used to dump even more into the whirlpool. They planned it all, even the acceleration downwards to squeeze out the short sighted retards and apes who couldn't see what the whirlpool was.
Sebastian Nguyen
Shut up retard, they wrote that they wanted to extend the farming phase by doing this, it did the opposite. Also surf3d is a powh copy with close to 0 volume that noone new wants to enter.
Alexander Howard
Let's be honest, the event WAS a complete fuck up, however the price was always gonna bleed due to the initial rapid inflation. Now we're at max there's no more bleed and the devs are building like mad. I'd strongly recommend a suicide stack of this
Chase Lopez
The entire point of the farming phase wasn't some revolutionary fixed-APY farming method. It was a bait meant to lure in APY-chasing apes who would happily sink 10% into the farms if it meant quick gains. It worked, and it distributed surfies to the people who actually knew what was being built, and the apes were farmed to spin up the whirlpool.
Ryan Bennett
Ah so they lied to the holders when they wrote pic related, good to know.
Hello fellas, does anyone use DMX token? Found on probit, looks legit. They have a modern staking system and workable tools for investors and traders. They have done private sale with 1mln: dymmax.com
Dylan Hall
>It was a bait meant to lure in APY-chasing apes who would happily sink 10% into the farms if it meant quick gains. It seems that the point of the whole project was to get back at said apes. Now that the revenge has been served the whole project seems kind of pointless.
Carson Garcia
The price was higher... For a single block :^}
It's not their fault the farmers dumped. They don't control the apes, they merely manipulated them
Zachary Evans
epic delusion bro
Samuel Lee
The point isn't revenge, it's taking optimal advantage of human psychology.
And it's far from over. The harpoon will continue to bring more eth into the whirlpool.
Charles Hughes
s3d is fueled by harpoon and when harpoon goes live and everyone can use it. you know what will happen. other dapps will fuel it too, and i just wanted to remidn you that 10% of s3d manager's dividends are burned forever. they failed with pumping the price but volume spike was juicy
