/cvp/ general

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When is the “announcement” you speak of?

twitter.com/powerpoolcvp/status/1334631499266666498

Btw, Power Pool Lounge on telegram has a ton of inside info as well

50k market buy lol

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>6404▶
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>50k market buy lol
balanced by 80eth dumps imo. i have no idea if this will moon or not and i still dont understand it. i have way too much money riding on this

this cutie will be designing our indexes

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one token to rule them all

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Every time I go deeper into this I conclude one thing and one thing only. PROFIT.

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I read it in a thread not too long ago and it's more and more obvious... this thing is a money printing machine

the guys really fucked up the explanations of this. so you need CVP+ETH or else PIPT to stake. I am now dumping half my CVP to buy ETH or PIPT for staking, presumably other retards like me are doing this now too hence the dip

if you had checked out the interface you would've realised what your options were

New proposals:
1. CVP allocations for dev team - 5% - locked for one year then 18 months linear vesting.
2. Issue a grant to co-fund research on Balancer AMM with Balancer Labs
So AMM that balancer uses but there is no CADcad or python version of it - 10k from treasury for it, it will be used to make index better.
3. YETI : yearn ecosystem token index:
YFI, SUSHI, CREAM, AKRO, COVER, K3PR, CVP, PICKLE - YFI 35%, SUSHI 17% and others.

I did say I was a retard and many others are too. there was and still is no idiot's guide to this project which is a big weakness

>1. CVP allocations for dev team - 5% - locked for one year then 18 months linear vesting.
Devs are user though and there are huge amounts of user 'testers' with 150k CVP each, how does that work for transparency and accountability, which I presume what this lock-in is meant to demonstrate?

i bought 40k worth of this shit and i still dont know why it will go up or what it does.

So much this. Normies like me wont ever get in

welcome to the club. im 25k in deep.

5% for devs? Can you point me out other project with less than 10% allocated for team? Will they deliver code every day for free? 1 year and 18 month vesting = they have to deliver for 2 years constantly or they will get nothing for their work if CVP = O. user devs - no comment. 95% of DEFI are anons. There is no 150 CVP each for testers. It was 50k and you should check proposal 4.

lol yup got 15k, spent all evening trying to work out where the fuck to park it for passive income, still not clear. if you're deep into DeFi i'm sure it all makes sense, but i just buy and sell shitcoins like most biztards.
supposedly most people won't get into crypto because it's too complicated, in which case there is no way whatsoever that PowerIndex will ever go retail, even amongst crypto-holders, unless they get some normie in charge of messaging.
and i can't see that they're pursuing the institutional money, because they're all user.

my point was that the devs could also be the testers, how is anyone to know? the fact that this is possible completely wipes all the good intentions from the lock-in period. i'm not saying that's the case, but i can't say it's not, can you?

yeah they keep posting these big announcements but I see no movement in cvp at all

I fail to see this project getting big without a clear ui/ux and some normie fuel.

I got your point and you´re right..but, do you know YFI team?
Can you tell me, what´s unclear about ui? it´s just mint PIPT and stake. Proof of stake concept is here from..like 2016 by Vitalik. user I...

>I got your point and you´re right..but, do you know YFI team?
Well I know one guy - Andre Cronje. I don't know the Tesla team but I know Elon Musk.
But I don't know anyone whatsoever in PowerIndex.