SURF.FINANCE GENERAL /SFG/ ~Final cry of the namefren edition~
>Who, what, why, when, where, how? >Proof, sol.dev, pepthedon, Mr. F, brent, doublejump, et al. >Passive income machine >We want to retire >Soon ^tm (~$10 by February 14th but token price doesn't matter for shit) > Surf.Finance >Staking SURF/ETH LP Uniswap tokens in the whirlpool
This thread is the last genuine fuck I am going to give about people on biz. This is where all my money is at, this is where all of my energy has been poured for months now. Like any investment it very well could go tits up, but the devs are SMART people who want wealth from a passive income machine, and have made that system public as to mutually benefit from the network effect available to public contracts. The entire point of the token existing in any form, is for access to the whirlpool. If you are not staking SURF/ETH Uniswap LP tokens in the whirlpool, ESPECIALLY during this 100 day bonus payout period which is a reissuing of 20% of the supply from a buyback, you are doing it wrong. I personally don't partake in S3D and stacker as much as I should, since in practice Proof has used them to dab on boogies who leave after mass unstake periods, but I believe long term they are meant to add "friction" or "traffic" to the majority of the supply so its "deflationary" without cheesy gimmicks. Slow vesting periods once the token price rockets due to low circulating supply.
The apes in these apps are also setting themselves up to feed the whirlpool manager who sits atop the pyramid. >You're just sloshing the same money around Proof is constricting the supply in contracts which do so as mentioned above, and they turn into net positive reward schemes with external income. The team is slowly introducing minor external revenue streams (The Harpoon, which already feeds the whirlpool manager, and in 6 days our partial ownership in Unitopia divs goes live) and will introduce BIG stuff to generate volume - which will in turn drive the price in an engineered positive feedback loop -and bring in other partnerships for external income, as well as multiple HIGH-ENERGY dapps that will perfectly use the existing ecosystem. NONE of this is the big stuff yet. We are packing the powder keg.
Soon anyone will be able to launch a harpoon, and the act of harpooning profits from farming OTHER defi applications will have rewards from within the ecosystem (volume through our volume based machine is gamified, and a win for harpooners and surfers). This application is from ONE of the talented devs, and is only one of a slew of passion based work that they are setting up on top of a retirement fund for themselves and the community they are building. All I am at liberty to say is that the applications in development are from a diverse set of hobbyist backgrounds, and I think they're all dope. One of my favorite posts from earlier threads made by an user stated: "I don't think surf people are in it for the money at this point, the price hasn't moved a quarter of a percent in months - at this point I think it's just a place for them to hang out in discord." This post is beautiful because he seems ignorant, whether by choice or otherwise, of the constant sell pressure that farting out 0.2% of your supply daily creates when there are entire groups of whales sitting in the whirlpool for the sole purpose of dumping and exiting ASAP (as there very well should be, they play an important role), but even in that state the price has remained stable. I love that he can tell the people who are really into surf, posting every day in the telegram and discord, engaging in the AMAs and trying to help noobs, are doing it because they are passionate about what they've creaed and they want to generate a friendly atmosphere to share that creation with. The worst thing that happens if you're a dissenting voice and you're an extra big asshole is you get called a boogie boarder, the best thing that can happen by trying to engage with this ecosystem is you have passive income for life. Why you wouldn't try to skip the need for chasing unishitmoons from the newest rugagram group (or get a position in the WP to fund such adventures) is beyond me. I hope you come check us out.
TOTAL SUPPLY: 10 MIL IN UNISWAP LP TOKENS (STAKED IN WHIRLPOOL @ 99.7%): 4.74 MIL IN S3D: 1.96 MIL IN WHIRLPOOL (PENDING PAYOUT TO STAKERS): 1.66 MIL IN CIRCULATION: 1.60 MIL BURNED: 34K PRICE: 0.000458 ETH - $0.27
That's because every day has some bomb fucking sets when the line up is the whirlpool, brah Thanks for the bump
Eli Walker
If it seems too good to be true it means it is. This coin will continue to dump. No wants your bags m8
Sebastian Cooper
Was fun while it lasted eh
Dylan Sanders
>If it seems too good to be true, it is. No where did I say it seems too good to be true. There is a lot of hard work going into making this viable, why the fuck would I downplay the effort being put into developing applications.
What exactly has ended? I am in profit and continue to be in profit day after day
Juan Perry
Any idea how much income the betgalaxy partnership is expected to bring in?
Austin Cox
Dude why so salty, no one wants to buy your shitcoin just leave it alone
btw I wouldn't say "last chance at surf". There's maybe 5 more days at this price. Plenty of time.
Bentley Jackson
Some napkin math man estimated ~2 ETH a day from the baby stack we have of TOPIA tokens, but the team has opted to compound the topia drip to increase our position over time. As to my knowledge, we'll receive payment in 10% UTO and 90% ETH. Proof had this to say about external dApps feeding the whirlpool: When an external dapp sends ETH to the Whirlpool, it all gets immediately used to buy SURF from Uniswap before distributing them proportionally to all stakers
;)
Angel Powell
I meant to give the impression this would be the last time I am wholeheartedly trying to recruit people into the ecosystem in my free time, not that SURF would become inaccessible after this thread (it will just be more expensive along the time frame you've mentioned)
James Reed
Surfboard bro rolling for an ID. Midway through the whirlpool and TVL keeps growing
Daniel Parker
More information from the Betgalaxy partnership: So iv'e talked with some of the owners/devs of the casino. And like it's been said, there is a 1mill count of the UTO tokens. when staked; those tokens get 15% of the rake going through the casino. Proof bought 61k of the tokens, so 6.1% of the supply. Of that 15%, 10% of it is in the form of the betted tokens, converted into ETH and then distributed. the other 5% is in the form of UTO that is marketbought from the betted tokens. So! in theory, the 61000 tokens that are staked very well could end up being more than 6.1% of the rake rewards, and earns a % back as the UTO, so in theory the % would keep going up if those are staked instead of used to market buy surf
Three income streams for a Casino: A steady stream of new players A steady stream of new games to keep existing players engaged Re-engaging past players
ANNOUNCEMENT: 1. SURF will be a fully playable asset on BETGALAXY.io at launch! You will need to pay the 1% Whirlpool transfer fee to deposit or withdraw SURF on the site, but since the casino is off-chain there will not be a 1% transfer fee each time you wager with SURF. 2. The SURF team has used 50 ETH from the community locked liquidity pool to purchase 61k uTOPIA (over 6% of the total supply) which will be earning ETH dividends from the casino for the Whirlpool! This is the second Whirlpool revenue stream that doesn't rely on the SURF ecosystem (Pep's Harpoon is the first) and hopefully gives you all a good idea of what the long-term vision for the Whirlpool is
Anthony Richardson
The Surf Board senate is one of the things I am most excited for
>be a retard >hear about the event where the devs plan on market buying surf with $2million >think you can outperform bots >get rekted >cry and complain and surf is a scam because you’re too fucking dumb >fud to this day while missing daily payouts
>be a cha >be a rational investor >hear about $2m event >realize you can’t beat bots >instead you keep compounding >go into whirlpool >collecting daily payouts upwards of several $100 a day >look into the harpoon >realize it’s one of the best tools in all of crypto >let devs go out and get you eth while you sit back and do nothing
I swear to god surf is one of the best inventions ever. Insane tokenomics. They are geniuses.
Except it’s built to do the opposite. Only retards will check a chart and make decisions during the farming phase.
Brayden Robinson
thanks friend, your greentext is much more digestible than my sperg spaget vomit
I’m incredibly bullish on surf. I’ve never been a part of anything like it. It is becoming a self sustainable project with all that the devs are building on it. All we have to do is literally sit back while they bring in rewards from the outside. We don’t even need new investors to make it work. It’s just amazing I am fortunate for all their work so far.
Ryder Barnes
Based. I’ve only been in 4 coins since being in crypto since 2016. Eth link pnk and surf. People are starting to realize how unique surf is. That one wallet yesterday staked $50k in the whirlpool.
Isaac Nelson
Look at it this way: The token entitles you to the developers income, and the developers are working extra hard to increase the amount of revenue streams you benefit from ASWELL as developing tools which make it hard to dilute your share of the pool, said tools also increase the value of the payouts you would already be getting
