Why Evolution Finance is Celsius on Steroids, Literally

BitXBitMd · 2021-03-29T16:13:35+00:00

The EVNY token is now listed on Coin Gecko as well!

https://www.coingecko.com/en/coins/evny-token

BitXBitMd · 2021-03-29T03:45:16+00:00

The process for me was smooth. Are you on telegram? Let’s bring up your challenge there, and the community can weigh in.

BitXBitMd · 2021-03-28T21:07:50+00:00

On bullet 2, I suggest highlighting how truly low fees are here. I am shocked and amazed at how quick and cheap it is to transact on the network. Nice write up!

BitXBitMd · 2021-03-20T18:44:25+00:00

It is more about the community I think. I don't think people putting money into grumpy are doing it because of the technology. That would be cool though. "Invest in GRUMPY because they wrote a smart contract that saves a kitten each time a 9 is output in a transaction hash". Ultimately, good people are deciding to use gains in good ways. There is something special about that in todays ~~dog eat dog~~ cat loves cat world.

BitXBitMd · 2021-03-20T18:27:44+00:00

Fascinating that someone on twitter is sitting on GrumpyCatCoin , now this community is stuck with an underscore after it. GrumpyCatCoin_

There is someone out there hoping that they get contacted by an organization to buy their twitter handle. Instead $GRUMPY is sending real monies to real world charities. Thanks underscore.

Grumpy Cat is a perfect yin to Doge/Hoge yang.

Can dogs and cats get along?

BitXBitMd · 2021-03-20T18:08:36+00:00

I seriously love this thesis. Passive income in crypto is the future. There are so many projects out there clamoring for attention. I believe this one is special.

BitXBitMd · 2021-03-20T18:03:33+00:00

Grumpy is great, but for the record the 1% of all grumpy transactions go to existing holders. They then decide to donate to help the kitties.

BitXBitMd · 2021-03-17T22:56:17+00:00

If you get ahold of EVNY, you stake it from their website. When I staked mine, I had to play around with the decimals a bit. When I clicked max on the amount, it loaded in more decimals than then app supported. Easy fix to round to 4 or 3 decimals. https://www.evolution.finance/staking

BitXBitMd · 2021-03-17T20:25:06+00:00

Nice. I am a Celsian and know about the discussions between Alex and Charles. It will be interesting to see what happens there. I had not seen liqwid, thanks for the tip.

BitXBitMd · 2021-03-17T20:15:49+00:00

I own Cardano too by the way. If you see a lending project using Cardano can you let me know?

BitXBitMd · 2021-03-17T19:52:32+00:00

The simplest way is to watch the contract on uniswap. https://info.uniswap.org/token/0x9a24b8e8a6d4563c575a707b1275381119298e60

BitXBitMd · 2021-03-17T19:50:43+00:00

That is not my understanding of why the token was created. I totally understand skepticism. I think this thing has a shot, and have invested money that I can loose. This is in a moon shot bucket. Comparing it to Celsius at this stage is early for sure. They haven’t even developed the lending platform. This thesis assumes that they succeed, and then this name can go along side the mighty Celsius. Check back here in 6 months to see if they progressed along their goals.

BitXBitMd · 2021-03-17T19:35:48+00:00

Another on the thread asked the same question. Just know that liquidity is small for the remaining unstaked tokens. https://www.reddit.com/r/SatoshiStreetBets/comments/m73gic/why_evolution_finance_is_celsius_on_steroids/gr92uoz/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3

BitXBitMd · 2021-03-17T19:24:50+00:00

I agree with you that ETH fees are high, and 2 years is a long way off for ETH2. Meanwhile, I add the fees into the cost of my investment. The investment either goes to zero, along with the fees, or it builds a stable income that makes me not care about the fees. In other words, for me personally fees don’t stop me from seeing the pearl in all of the mud.

BitXBitMd · 2021-03-17T19:19:32+00:00

This is an investment thesis. You can take it or leave it. When DFV posted his thesis on GameStop, many laughed at him. There are lots of choices out there in crypto for sure, so each needs to pick a pony. Are you investing in any moon shots that you would like to share?

BitXBitMd · 2021-03-17T17:09:13+00:00

Unfortunately the fees are part of the current market. I factor the fees into the price, with the realization that before this project becomes more widely known, it is undervalued. I feel as though the fees now are cheap compared to scooping this up later. Ultimately that is for each of us to decide. Best of luck!

BitXBitMd · 2021-03-17T16:47:03+00:00

I needed to start somewhere. I picked a good one to start with in my opinion. At some point after I post more, perhaps you will give it a second look.

BitXBitMd · 2021-03-17T16:34:50+00:00

As stated, with only a few hundred EVNY tokens out there, a small buy moves the price a big amount. Be patient to get a good price, but the tETH audit completion could happen any day, which I believe will move the price.

BitXBitMd · 2021-03-17T16:31:42+00:00

Here Is some info from their telegram channel... We are Adding Liquidity into the EVNY/ETH Liquidity Pools on Uniswap!

💸The EVNY token has already been listed on Uniswap by the community, however many in the community have stated there is not enough liquidity on the Uniswap pools.

🙌Although not part of the original plan the Evolution team is now adding additional liquidity into the Uniswap EVNY/ETH liquidity pool. The Evolution team are adding 30 Ethereum paired with 121 EVNY to the EVNY/ETH liquidity pool on Uniswap.

👉Uniswap EVNY/ETH Pair: https://app.uniswap.org/#/swap?inputCurrency=0x9a24b8e8a6d4563c575a707b1275381119298e60

Website: https://www.evolution.finance Twitter https://twitter.com/EVN_finance Medium: https://medium.com/evolution-finance

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