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Showing 4 of 4 results by Cabrill
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Board Tokens (Altcoins)
Re: Cvault Finance - First Deflationary Farming Token
by
Cabrill
on 26/10/2020, 07:52:16 UTC

Full disclosure:  I do have some relatively small CORE holdings, because I speculate their inceptive locked liquidity mechanic may prove an effective market disruptor, but I remain primarily invested in the longevity of BTC, due to first-mover advantage, with a handful of other speculative positions representing a diminutive portion of my personal holdings.
Well then I stand corrected, although your statement made me even more curious about them, because it means no one from team has any intention to appear here and act as their official representative. It seems they're either doing their project half-heartedly or rather secretive, because so far, they have no detsils about team, no (official) ann thread, no whitepaper, and a rather confusing website.
I concur.  It curiously speaks of either ignorance, naivety, or confidence.  I assume most know of this board, and would count its inclusion in any marketing campaign.  Also, a white paper outlining a plan has become the de facto standard, in absence of a governing board.  Both factors  remain puzzling, but dismissible as risks in my purview.

Scrolling through their tg shows that some people were asking for WP too, but they persist that all the info needed is on Medium and they should head to the medium for it... which, by the way, here's the accessible link: https://medium.com/core-vault, yours is not working
Sorry about that, and my thanks for the correction.

At this point in time, I view the liquidity pool tokens(UNI v2 LP) as the choice investment.  They're currently valued at 3.5 ETH ($1,500~) yet generate $5~/day in as-yet-unappreciated CORE per LP available on Balancer.  Since the CORE tokens are deflationary, with no more minted than the existing 10k from the initial LGE, and 3.3k~ CORE locked in permanent liquidity channels, the farming/staking fee reward from the 1% transaction fee on every transaction, plus cumulative 0.3% UNI fee ever growing the pool, it seems irrefutably guaranteed to result in both token value and LP staking rewards increase through guaranteed volume via eternal arbitrage opportunities between ETH/CORE/cBTC, the last of which is simply wBTC with a second ERC95 wrapper, capturing volume data on-chain to allow future CORE governance to be guided by unquestionable oracles accurately portraying risk in opportunities presented for vote via DAO for financial strategizing 'Vault' rewards, aping nascent wunderkind YfI.

... Wow, that last sentence seemed run-on, yet is all salient.  Crypto sure is information-dense. 😄
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Topic
Board Tokens (Altcoins)
Re: Cvault Finance - First Deflationary Farming Token
by
Cabrill
on 24/10/2020, 21:43:05 UTC
hello is there no special community or telegram group specifically to discuss the Cvault finance project? here the information is very brief, how do people know the other important features of the Cvault finance project?
I don't personally use Telegram, and there doesn't appear to be any community on Reddit.  However, here are the best resources I've discovered in the process of my own due diligence:
Medium articles
Discord Discussion
Primary Twitter
Core Statistics
Core & LP Price Charts
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Topic
Board Tokens (Altcoins)
Re: Cvault Finance - First Deflationary Farming Token
by
Cabrill
on 24/10/2020, 21:33:33 UTC
I want to add a little information about cVault.finance (CORE)
website: https://cvault.finance

I really don't understand why they went to make their website look like that? with so many beautiful sites to be inspired and with so many creative people to have a site made, they preferred to make a weird site and on the site I didn’t see who the team members are and where the whiepaper and Road Map are

I have to agree with this, tried to access their website via mobile phone and it's a nightmare. Their "unique" user interface gave more trouble than features with those stacking "windows" that appeared to be impossible to close with the x button. Essential info themselves are also absent from it.
I don't disagree.  I spent a good five minutes this morning trying to interact with the site on my phone, and could not see a window obscured by the default windows that opened.  My assumption is they were attempting to self-style in the trappings of Windows 95 aesthetics most familiar to the prime demographic of cryptocurrency traders.  I understand they're currently looking to hire a web developer (using 7.3% of the 1% transaction fee delegated for the developer pool) to improve the site.

their or our? Because if you're not the dev and just someone passing, I'd like to suggest a feature on their coin where they can perform necromancy. An old account, with no post before, appeared on this topic with a specific and detailed info of the project. I'm not against newbie accounts, just wondering if you're actually the dev or an extremely super die hard fans who are willing to ressurect old account just to do one post
I wondered if someone would quip on that, because I was keenly aware of the optics as I authored my inaugural post.  Truthfully I created this account years ago when seeking to discuss particular projects (I believe it was RVN, at the time, as I was intrigued by tokenization of assets), but I was having difficulties with new account post restrictions that dissuaded me from participating.  That inhibition lasted long enough that I became a read-only lurker for a bit, then forgot I had created an account, and it wasn't until I saw the glaring lack of info that compelled me to participate in the discussion.

I personally learned about the CORE project about four days ago, after reading a user's comment on Reddit describing a project that was less than a month old but already had several dozen forks because they were using a new smart contract quirk to cause irrevocable liquidity pooling, which is an entirely new market mechanic.

I independently researched the project primarily by reading articles written by one of the primary developers on Medium.com, but also by asking questions in the Discord group, after my interest was piqued.  I then did a Google search, and came across this thread and decided to contribute the information I had found since my account wasn't restricted from doing so, this time.

Full disclosure:  I do have some relatively small CORE holdings, because I speculate their inceptive locked liquidity mechanic may prove an effective market disruptor, but I remain primarily invested in the longevity of BTC, due to first-mover advantage, with a handful of other speculative positions representing a diminutive portion of my personal holdings.
Post
Topic
Board Tokens (Altcoins)
Re: Cvault Finance - First Deflationary Farming Token
by
Cabrill
on 23/10/2020, 23:41:57 UTC
I guess this is maybe because they have rich team, so the liquidity is looks incredible on uniswap.
Actually, their primary innovation is the indefinite locking of their crowdfunded liquidity in the initial Liquidity Generation Event (LGE).  The liquidity present represents a floor value in ETH, that can only ever increase since liquidity cannot be removed.  CORE came into creation when $1M worth of ETH were pledged to be locked into the ETH:CORE Uniswap contract to provide a floor value for the newly minted UNI v2 liquidity pool tokens.

The second such LGE is ongoing right now, with less than 24 hours prior to conclusion and over $5M pledged towards a second channel of guaranteed liquidity between the wBTC:CORE pairs.  This second pairing is sure to provide traders with many arbitrage opportunities that will likely accelerate CORE volume. 

After that, the next planned release according to the Medium articles published by the anonymous developers, is deploying their first 'Vault' which will enable a new Ethereum Token protocol (ERC-95) that providers a wrapper to capture volume data on-chain, to allow accurate analysis of automated strategy risks, as well as the ability to create proportional token indices. 

Then comes the third LGE, to provider additional arbitrage opportunities in the form of an unspecified 'stable coin' pairing, presumably with USDc, USDT or DAI.