Was that it? should i expect more tommorrow?

was that it? should i expect more tommorrow?

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Yes, sell now. CVP can only go up with shills and hype. There are no fundamentals. The token metrics are not rocket fuel at all. CVP will never be a triple digit token.

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in the process of selling. youre pic related is interesting but i dont quite understand the numbers. why is yfi decreasing from 18000 to 6.9 for example

You really are retarded.

The first row is the token price when I made the image. The 1M, 10M rows are the quantity of those tokens that would be held in the Index were the TVL to be those values.

It means if Power Index grows to 10 mil it will hold 69.4 YFI.... and 657,895.7 CVP.

Now plug those numbers into circulating supply and find out what it would do to the price.

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nice. where should i throw this eth. im thinking lto

Binance or Uniswap are your best bets. Look into PIPT too. While they're keeping the index capped you can earn 300%+ APY which isn't bad.

In the long run you'll make way more being a CVP maxie, but holding both wouldn't hurt. PIPT LM rewards CVP anyway.

im not a staker, im strickly looking to 10x. alt runs dont happen very often and i need to change my life on this one.

>In the long run you'll make way more being a CVP maxie
but you just told me to sell

I was being sarcastic. Who the fuck would sell CVP? lmao

great...

Fun convo to watch

But lemme get this straight, CVP is like a hand with a bunch of fingers and each finger goes into the pot of all defi protocols that involve themself with it? And YFI being sortve the biggest has set the standard and went with it?

Sell now, stay poor... Omg why am I reminding you of basic stuffs?

No. That's PIPT. PIPT is the token that represents DeFi tokens in the index, including YFI and CVP.

Think of PIPT = Ownership of top DeFi tokens.

CVP is the native token for PowerPool and its value is strongly correlated with the TVL locked up in the Power Index.

More value in PIPT = Higher value of CVP.

i rebought lol. well i moved half to lto.

LTO's marketing manager Ivan is a CVP holder. Fun fact I guess.

i guess im its still early since ppl like OP have no idea of the value of this coin. Feelsgoodman

just how connected are you? im looking for short term gains from lto. i may move it all back to cvp after the customer announcement

Thanks. Where can I find more tokenomics info? Seems like w/ liquidity mining not many coins/total supply will be released for a long time. That true?

Liquidity mining rewards are vested. They won't impact CVP price for a long time and by then the index will be big enough it can absorb any selling easily.

We're talking three figure CVP minimum by then. You're buying it now at $2.

What makes you so convinced of 3 figs? Im about halfway thru the mediums and been lurking in discord and I am into what I'm seeing (Delphi Digital being a tester.. ) but i dont quite get the x40 aspect yet

Look at CVP makes up 12.5% of the PowerIndex.

As more people pile into PowerIndex the index is forced to purchase CVP from the open market in order to maintain its balance.

That means if you drop in 10 mil into Power Index (you can't because there's a hardcap, but soon there won't be). It means 1.25 mil will go straight into market buying CVP.

Given the tiny circulating supply and marketcap it means CVP will absolutely rocket once the hardcap is removed.

Its nearest, and far shittier, competitor is the DeFiPulse Index which has 30mil TVL and no liquidity mining.

Look at the chart and see what will happen when PowerIndex hits 30 mil.

And where do the funds come from to buy on the open market?

Thank you for spoon feeding me itll help when you shill it to more people

If you really understand the impact PowerIndex will have on CVP price when it goes live then you know you're pretty much early.

People add funds into the PowerIndex via powerpool.finance by depositing ETH and minting PIPT (the token that represents the index). That ETH is then spread out and used to buy up the assets in the index.

It's the exact same concept as an ETF, which are currently the largest holders of shares in the S&P 500.

Crypto funds and institutions prefer to buy indexes because they diversify risk. WIth PowerPool you have the added benefit that you can use your index token to liquidity mine, so you can get returns on returns.

It's hard to conceive of a world where the top crypto indexes won't be holding 100's of millions of dollars of digital assets, if not billions.

The TVL PowerIndex needs to hit for CVP to go balistic is absolutely tiny.

Well explained.

See above

Well holy fuck. Thanks for helpin me grasp it!

This. Read over everything and makes sense now. Going to cop a small bag

All my smart friends are doing same. Difficult to ignore CVP at this point

Well done. This isn't false hype when I said CVP will be three or four digits soon. It's mathematically impossible for it not to be.

PowerIndex is going to blow the fuck up

So why isn’t CVP higher if thing is already live?

Power index is not live yet. I think 2-3 days to more. Time to accamulate CVP

PowerIndex isn't live yet afaik. But love the concept and tech behind it. Gonna be real catalyst for price of CVP to shot above the roof

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the cap not unlocked yet, meaning yfi are not part of tvl

What do you mean? YFI is in the index already, but the index is a baby now. Need to wait when they lift the cap.

Have to give it to them tho, they care about security

oh ok i misunderstood then, so we once it unlock it will trigger a buyback of CVP token right? it gonna explode

its been a while since i feel this bullish , however i have shitcoin ptsd that stop be from investing more than 10%. Should i invest 50% bros?

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