/biz/ - Business & Finance

[Anonymous No.23023397]

Second day of launch, 150 eth pooled after couple hours of LE, no anns on Reddit or twitter yet (coming today)

Amplyfi.money (dats a url)
LE dapp is up and running

Deflationary CORE that benefits LE participants with 7.5 yield on tx, team is og core investors and contracts are audited by 2 separate devs.

[Anonymous No.23023411]

That’s a pretty neat experiment, I didn’t get shit from core LE event. Might end up huge like core after it hits uniswap

[Anonymous No.23023440]

>>23023411
There are even more important details that make amplyfi sexier

>no dev fund practically (1 coin)
>eth will be converted to uniswap liquidity on Thursday by verified contract, no manual shenanigans
>deflationary sushiswap copycat is coming which will generate shitton in fees for stakers

[Anonymous No.23023486]

Judging by the contract what happens is that token is listed with the same price as LE (1:4), but og participants are automatically staked so they won’t be able to dump a shitton due to unstaking fees and pool weights?
I read that guys audit and it pretty much aligned with my findings. I’ll probably throw 20 eth more just to see how it rides out upon uniswap listing, unless I’m missing something this has way better pumpamentals than core.

[Anonymous No.23023499]

Will check it out as soon as I get home

[Anonymous No.23023527]

>>23023486
Yep, devs have pretty much confirmed that (trust but verify) and are pushing for another audit.

[Anonymous No.23023536]

>>23023486
agree,

[Anonymous No.23023556]

>>23023440

>deflationary sushiswap copycat is coming which will generate shitton in fees for stakers
Imagine how much fucking yield it will generate daily with 7.5 percent tx fee, amplyfi stakers will be the new financial elite, even if it’s a shitty farm with food token volume

[Anonymous No.23023591]

This is going to get exploited just like all these rebasing shit coins

Already sent 15 Eth to my German bro to help

Tik tok retards

[Anonymous No.23023616]

Does it matter when I send in my eth? As long as it’s before launch it doesn’t matter right?

[Anonymous No.23023635]

>>23023440
Nice, this is actually most of the things that core lacked (launch event lucrative for participants and usecase for further yield generation). Dev fund is small enough in core too, this doesn’t really matter.
I reinvested about 17 eth in total into amplyfi, still holding some core but it just took a huge dump, I’m mostly done reading through contracts and will probably pull out of core into this if core continues to tank.

[Anonymous No.23023678]

Loaded my bags on this shit yesterday after it was verified.
Forks usually pump even harder on launch because you know what to expect from CORE, selling part of this at 2x and waiting for 5x and eventually YFI peg.

[Anonymous No.23023814]

>>23023397
Why the site is so slow? Buying is almost impossible.

[Anonymous No.23024105]

>>23023814
Devs are fixing this, it loads slowly on lower end phones

[Anonymous No.23024114]

>>23023814
What are you using? Werks fine on my machine

[Anonymous No.23024150]

Marketing and shilling has not even begun yet. There are no advantages to being first for the LE as long as you get in. This is the literal ground floor.

[Anonymous No.23024157]

>>23023814
found the dirty chromenigger shoo shoo

[Anonymous No.23024165]

>>23023397
yeah, i'm thinking Clover42 is better

[Anonymous No.23024537]

Extremely comfy, this will eventually surpass core once people understand the tokenomics behind this.
Literally combines all defi memes into one fucking coin.

[Anonymous No.23024617]

>>23024537
Same here, I think though most people will buy in on the weekdays. it’s already growing like crazy and has all the core hype

[Anonymous No.23024848]

When will liquidity event end? Do I still have time to buy??

[Anonymous No.23024942]

alright boys, I'm in. Let's roll!

[Anonymous No.23024981]

>>23024848
Yep, it ends Wednesday or earlier if hardcap is reached which doesn’t seem unrealistic right now

[Anonymous No.23025152]

>>23024942
13 eth marine checking in

[Anonymous No.23025184]

>>23025152
basato

[Anonymous No.23025193]

just a reminder that this is a massive shill campaign by hired pajeets on fiverr. Notice how inorganic all the threads popping up was? And this shitty logo made in mspaint in 10 seconds? These are ways you identify a rug pull or pump and dump.

[Anonymous No.23025225]

>>23025193
Cope levels are bending reality, it probably was you who brought up the same exact shit when sushi and core was announced here. Exact same wording lmao

[Anonymous No.23025242]

>>23023411
? you should have made 3 times your money if you sold core divs as of yesterday, not even counting lp

[Anonymous No.23025250]

>>23023440
No dev fund just means they are going to screw you over

[Anonymous No.23025254]

>>23025225
Not at all the same. I was here when ONE thread of Core was created, and I bought in at $400 after reading the medium article. It took some time to gain traction. Now you see Amplyfi which had so many threads pop up at EXACTLY the same time. This indicates a coordinated shilling project. These people are usually hired, and indian to shit this board up. I've been here long enough to recognize the symptoms. Look at the fucking logo. It's complete shit-tier. You will lose all of your money, and you are totally free to do that, but stop shilling bullshit all over here.

[Anonymous No.23025256]

scam

[Anonymous No.23025270]

I put in 3 ETH into the le, what can I expect?

[Anonymous No.23025284]

>>23025250
There is a dev fund of 1 amplyfi and devs are farming as well

[Anonymous No.23025309]

>>23025270
Liquidity is added to Uniswap by finalizer on Thursday, that means you start getting 7.5% fees from each tx that goes to Uniswap. You can also unstake but there is 15 percent unstaking fee.
Personally I think it will do 3x at the very fucking least.

[Anonymous No.23025314]

"Unlike CORE, your tokens are withdrawable after liquidity event is over." The whole point of CORE is that liquidity added can't be removed. How is this like CORE at all? It talks about positive rebases driving the price up, but isn't that negative rebases? This looks like a fucking scam

[Anonymous No.23025360]

>>23025314
Devs already clarified that, staking pool is rebased, not total supply itself. Terminology is confusing though.
You can’t just dump your tokens due to pool weights and unstaking fee (15 percent), so it’s like core-lite, only madmen will try to sell before 3x.
Anyone calling this scam is either a shill of some rug or a really lazy fuck not willing to put in some research

[Anonymous No.23025401]

>>23025270
you could expect to need to track this action on something. easy come easy go
fuse.io sir just check it out it's great

[Anonymous No.23025662]

>core LE
>he says it’s a scam
>core at 4K
>he says it’s a scam
>core at 8k
>he buys

>amplyfi LE
>you’re here

Fud from pajeet erc20 or sushi clones is so retarded, read the fucking contracts. Those idiots don’t even have launch event lmao
amplyfi lge has literally the most bullish tokenomics probably ever

[Anonymous No.23025740]

>>23025662
how to buy sir

[Anonymous No.23025795]

>>23025740
https://amplyfi.money

Feeling comfy as fuck with my 18 eth stack can’t wait until tx yield start rolling in Thursday

[Anonymous No.23026437]

It’s starting to pick up steam, hitting hardcap on Wednesday probably

[Anonymous No.23026530]

>>23026437
hopefully not and we get 40% of the supply burned

[Anonymous No.23026692]

>>23023397
2 addresses total holding this. SCAM

check etherscan

[Anonymous No.23026694]

Buy before it sells out anon!

[Anonymous No.23026712]

>>23025254
Fuckin' A Right.

[Anonymous No.23026812]

>>23026692
you're clueless

[Anonymous No.23026867]

>>23026692
Holy shit you are retarded

Can you literally just read two lines of code? Every LE tx transfers coins to participant and then stakes the amount back to the contract, there will be NO holders until people unstake and that will happen on Thursday.
Is this some reverse fud?
>>23026712
I made 57k last month off core until it went into hibernation. I don’t think you are qualified to give any investment advice, I will sell you my amplyfi bags too when it does 10x on the first day.

[Anonymous No.23026894]

>>23026867
this

[Anonymous No.23027066]

>>23026530
But hitting the hardcap would be more bullish, no? Means there's more demand than supply

[Anonymous No.23027745]

>>23025193
>>23025254
>>23026712
What in god's name are you talking about you absolute shit tier nigger? I just looked up the archives, there's been a total of THREE threads made about this project and 2 of those threads uses the exact same picture with zero bullshit in them.

Only thing inorganic in these threads is your subhuman roach ass

[Anonymous No.23028021]

>>23027066
Yep it kinda validates the demand for amplyfi

[Anonymous No.23028031]

>>23023397
184 eth

[Anonymous No.23028392]

>>23028031
In less than 24 hours, with no shilling and no reddit or twitter. This shit is going to sell out quick during the next couple days.

[Anonymous No.23028472]

>>23028392
Bretty gud

[Anonymous No.23028514]

Mod announced updates

[Anonymous No.23028573]

>>23028031

205 ETH now, yep. I think we might be starting before...

[Anonymous No.23028721]

200 eth crossed

LESS GOO

[Anonymous No.23028886]

220eth

[Anonymous No.23028948]

>>23027066
>>23028021
Should be on course to hit it easily before the deadline on the 8th then. It's at 221eth already and these things tend to snowball

[Anonymous No.23029055]

>>23028948
Yep it gets more active after weekend is over, nothing pumps on Sunday. They will announce on twitter and Reddit shortly too

[Anonymous No.23029303]

>>23028031
>>23028392
>>23028573
>>23028721
>>23028886
>>23028948
Meanwhile actual scams like YFBeam and YF moonbeam each sold out 1600 ETH within 10 minutes.

[Anonymous No.23029316]

>>23029055
251 eth now, we could hit 2.5k by tuesday

[Anonymous No.23029321]

>>23029303
Doubt.jpg

Do you have a link to etherscan?

[Anonymous No.23029358]

250 eth crossed. Twitter and Reddit come on the next 24 hours, we may even close liquidity event way before Thursday, perhaps even by tomorrow.

[Anonymous No.23029370]

you guys realize theres no softcap for this? If people wanna fud let em. Whatever isnt sold off is burned. let em stay poor imo.

[Anonymous No.23029394]

>>23029321
how new are you? every vaporwave coin that was shilled here broke the previous' pre-sale time

https://bounce.finance/join/swap/2597

[Anonymous No.23029462]

Why buy the liquidity event and be subjected to unstaking and transaction fees instead of buying upon uniswap listing?

[Anonymous No.23029596]

>>23029462
because youre getting free tokens essentially. afterwards you will have to stake with the corresponding amount of ETH. Also when you unstake you will recieve ETH AND AMPLYFI

[Anonymous No.23029635]

>>23029462

when this hits uniswap, it will be 2x + 15% premium for unstaking.

[Anonymous No.23029645]

281 ETH total liquidity

Hardcap may actually be right around the corner. My body is ready

[Anonymous No.23029667]

>>23029635
If we’re going CORE route (pretty much a given), then we won’t see LE prices ever.
Moreover LE transactions are exempt to tx fee, so you don’t pay 15% fees when you buy in during LE.

[Anonymous No.23029907]

307 eth now. Gonna check back in 5 hours

[Anonymous No.23029932]

307 eth crossed.

I feel bad that I shilled this saying people have time until Thursday, in reality total LE supply might be eaten in the next 48 hours

[Anonymous No.23030048]

>>23029932
stop shilling this. there is no reason to unless you are a fan of larger token supply which is stupid af.

[Anonymous No.23030121]

You're all delusional if you think this is going anywhere near CORE levels. This is designed to punish traders and pay stakers. The issue is, stakers aren't going to make any money if no one's trading. CORE only has 1% fee and guarantees a bottom price based on locked liquidity, wheras apparently this lets you withdraw your tokens and eth, making it unsafe as fuck for anyone to trade, especially when you start 15% down. What it comes down to is purely a staking ponzi with no traders, and a race to dump when reality kicks in.

[Anonymous No.23030256]

>>23030048
Perhaps you don’t understand - amplyfi is deflationary (aggressively). Each tx has 7.5 burn and 7.5 fee. Core is non-inflationary, not deflationary

>>23030121
Research the project a bit, there is a deflationary sushi exchange clone in the works that will generate most of the fees in the long run. Plus people tend to believe in the peg and they will also trade to stake it.

[Anonymous No.23030320]

>>23030048

supply is irrelevant here. The more initial liquidity at the beginning means this will drive more demand.

[Anonymous No.23030341]

guys this is also a scam

like clover42

[Anonymous No.23030379]

>>23030341

clover was an airdrop, you can audit the code directly on this one and say this isn't a scam.

go away pajeet

[Anonymous No.23030406]

>>23030256
ok still do you want to start out with 21000 tokens or a fraction of that?

[Anonymous No.23030566]

>>23030406
21 000 is max supply, if 50% of liquidity is completed 50% of tokens are burned.
Furthermore, the absolute majority of this will be staked. Furthermore, there is no constant dev cut from each tx as in CORE (7 percent from 1 percent).

Yes, I would pick deflationary coin with bigger starting supply, it’s a great selling point imo for all future buyers.

[Anonymous No.23030796]

>>23030566

> supply

Idiot they are exit scamming and you are worried about supply?

KEKKKK

[Anonymous No.23030827]

>>23030796
Why are thry exit scamming? Post proof

[Anonymous No.23030884]

>>23030796
Lol sure thing buddy

Time to get in is running out though

[Anonymous No.23031031]

>>23030566
Agree 100%

Bigger starting supply with deflation is infinitely better

[Anonymous No.23031429]

Staked 10 eth worth of, will get in only at LGE/launch stage from now on.
If launch event doesn’t reach hard cap tomorrow will probably put another 10, yield will be insane.

[Anonymous No.23032240]

Do you think realistically launch event will be over before Thursday? I have 30 eth on coinbase but i don’t want to liquidate my positions so I wanted to buy more eth with cash to get into amplyfi on Tuesday. Won’t it be too late?

[Anonymous No.23032257]

>>23032240

yup, this thinks snowball very quick.
i'll say that by monday night this will be sold out.

[Anonymous No.23032793]

>>23032240
Probably will be sold out on Monday ye

[Anonymous No.23032934]

Interesting coin.
I’ve been investigating the contract and it looks like it’s all three things packed into one - peg, yield and LGE.
Though they call it LE (liquidity event).
Is there any difference between the two?

[Anonymous No.23033063]

>>23032934
AFAIK it’s the same thing

LE (liquidity event) and LGE (liquidity generation event), although amplyfi implementation is slightly more transparent (executed by the Finalizer contract that can’t be upgraded)

[Anonymous No.23033258]

RICK! I TURNED MYSELF INTO BITCOIN! SHUT UP.
GET IN HERE
$ROT (ROTTENSWAP)

[Anonymous No.23033432]

RUUUUUUUUGGGGPUUUUULLLLLLLLL

[Anonymous No.23033440]

>>23033063
It’s sexier than core original liquidity event though, tokens are not locked but instead there are unstaking fees. So LE participants benefit immensely with amplyfi. core mostly fucked them over because whales diluted the pool and everyone’s liq was locked forever

[Anonymous No.23033457]

Liquidity is locked forever since the website is down

[Anonymous No.23033480]

>>23033432
Sure any moment now prakesh

Go play with breev and George Floyd token, big boys discussing coins here they actually research.

[Anonymous No.23033680]

>>23033457
Lol wut, now you just straight up lying. https://amplyfi.money loads without any issues

[Anonymous No.23033912]

>>23033680
Yeah works fine for me too. I managed to even get another 10 amplyfi, went through smoothly bros

[Anonymous No.23034003]

>>23033457
>>23033480
>>23033680
>>23033912
I haven't been able get the website to load either. What gives?

[Anonymous No.23034025]

>>23034003
False alarm, sorry everyone it is working.

[Anonymous No.23034043]

>>23034003
Somebody is ddosing it but devs already have Cloudflare enabled thankfully.

Extremely bullish.

[Anonymous No.23034157]

Site not working again, is it under another attack

[Anonymous No.23034196]

>>23034043
>>23034157
Fucking vultures. Good on the devs, feeling much more confident now.

[Anonymous No.23034387]

>>23034157
Lol imagine trying to ddos Cloudflare

[Anonymous No.23034640]

Alright seems like it’s gone now, dev confirmed issue is resolved

[Anonymous No.23035134]

LE goes as planned again, bogs fucked off

[Anonymous No.23035176]

damm this will go bersek when listed

[Anonymous No.23035240]

how much is left before hardcap is reached?

[Anonymous No.23035269]

>>23035240
About 1900 eth

[Anonymous No.23035355]

>>23023397
If there' 21,000 tokens, and only 10k are in LGE event, what happens to the other 11k?

[Anonymous No.23035400]

>>23035355
The dev. He'll probably drop a fat red dildo upon open, leaving all LE fags bag holders.

[Anonymous No.23035574]

>>23035400
Lol dev owns only 1 token, they are farming just as everybody else
>>23035355
10k goes to stakers, those are the tokens staked in the pool. Another 10k with pooled eth go to liquidity after LGE (particularly, eth-amplyfi uniswap pool at the same starting price 4:1 on Thursday).
But if e.g. 5k only is minted during LGE, only 5k goes to uniswap and 5k to stakers and the rest is burned.

[Anonymous No.23035614]

>>23035574
When you say half goes to stakers, are these stakers the liquidity providers from LGE? And do they get those tokens right away or is it some kind of emissions schedule? Finally, why would LE participants need tokens to incentivize staking when they are already getting 7.5% of each transaction? Thanks fren

[Anonymous No.23035669]

Swinging this is going to be impossible because fees, transaction frequency is gona be miserable because fees, price will hardly ever move because fees, fifteen fucking percent you lose almost a fifth of the coins worth at each transaction for fucks sake. Where's the incentive to actually do anything with this coin once sou get? If the pressure is overwhelming on hodl then the price doesn't do much. Or am I retarded? What am I missing?

[Anonymous No.23035748]

>>23023397
niggers chimpout because trump won on nov 4

[Anonymous No.23035764]

How is it even possible for a logo to be so aggressively horrible? The white ring doesn't even align with the circle and the pixels are somehow rotated 15 degrees.

[Anonymous No.23035826]

>>23035669
You’re retarded. Because once you buy the price goes up exponentially. 15% will be nothing.

[Anonymous No.23035919]

>>23035614
>yes
>right away
>didn’t understand last question

>>23035669
As for usecase for long term - they are building sushiswap deflationary exchange for this.
You are wrong about economics of this. Fees in tx are alrightht, there were shitton of hex forks in may with even higher tx fees and they all went to millions in volume. People are greedy.

[Anonymous No.23036089]

>>23035919
So, wait, the LE participants not only get the LP tokens which they can withdraw, but they also get half the supply of AMPLYFI, which they can dump right away?

[Anonymous No.23036202]

>>23036089
They can’t dump anything right away, that’s what pool weights are for, they can receive unstaking fees and tx fees and sell a portion of their unstaked amplyfi as permitted by pool weights.
Did you do any research or you want to bait me into spoonfeeding you?

[Anonymous No.23036318]

>>23023397
>Amplyfi.money
This site has some kind of miner embedded in it, it rapes my poor little Raspberry Pi like nothing else I've ever seen. Pretty big red flag tbqh

[Anonymous No.23036364]

>>23036318

that’s not true, just checked. Theres no miner (?)

[Anonymous No.23036549]

>>23023397
Retard here. How does 'pegging' work? Is it just a price target, or are there actual mechanics that work to ensure the 'peg' is reached?

[Anonymous No.23036585]

>>23036364
There is no miner, I have ublock origin that detects every crypto miner. Webgl animations are pretty heavy, devs said they will fix it before morning announcements on Reddit and twitter

[Anonymous No.23036718]

>>23036549
Nvm, I found it on the site.

[Anonymous No.23036720]

>>23036089
> core killer

[Anonymous No.23036772]

I still don't understand how the LE works. If I put in 10 eth now, what the fuck does that get me? Just 10 eth worth of LP tokens? And can I freely unstake those and sell that entire 10 eth worth of Amplify tokens on the same day of listing if I wanted?

[Anonymous No.23036884]

>>23030566
Quit changing your id faggot

[Anonymous No.23037039]

>>23036884
>t. /x/ schizo

[Anonymous No.23037041]

>>23036772
On Thursday it is automatically staked and stakers recieve 7.5% of all transactions.
You can unstake the same way you stake but there are fees.

[Anonymous No.23037070]

>>23036772
I think just 10 amplyfi that you can unstake and stake without any fee too

[Anonymous No.23037087]

>>23037041
Yeah kind of sums it up. They are staked right away though it’s just fees start rolling in on Thursday

[Anonymous No.23037110]

>>23037039
The funny thing is you replied to me with a different post I’d. I was talking to someone else. If it wasn’t you why do you vcard enough to respond.

Your Not same fagging in the thread to get us to put money into your shit coin are you?

[Anonymous No.23037190]

>>23037110
Go back to promoting your George Floyd token vapor ware. Fudsters are off the charts, even website was literally under heavy ddos ffs.
Just accept the reality and start staking, there is already 410+ eth staked on the first day of LE.

[Anonymous No.23037248]

Still reading the contracts, so far it looks pretty straightforward, all three of the them (looked though Main first)

[Anonymous No.23037329]

>>23037248

they are very straightforward, people calling this rugpull are just larping.

[Anonymous No.23037381]

This is already shaping up to pump harder than core, core didn’t even have a fraction of that attention at launch.
Both core and amplyfi need official audit though, preferably from trail of bits or hacken.

[Anonymous No.23037419]

>>23037190
Another different I’d. You really need to be consistent with ids if you want this to be organic faggot

[Anonymous No.23037455]

I'm in, who wants in on my suicide pact if we get rugpulled.

[Anonymous No.23037485]

>>23037381
>core didn’t even have a fraction of that attention at launch
Core had 4,000 ether in the LGE, waddamean?

[Anonymous No.23037532]

>>23037485
In the end it had, it’s the first day of LGE for amplyfi. core also ran for weeks, this one runs 5 days.

[Anonymous No.23037774]

>>23037532
It finishes on Thursday, so technically it’s 4 days

[Anonymous No.23037794]

>>23037455
I'm in, let's roll.

[Anonymous No.23037831]

>>23037485
This will reach hardcap of 2500 eth but trading better start sooner. It’s better to move fast and sacrifice a bit of liquidity imo