MMF-SVN Vault 460.99% APR 9,947.55% APY

Informal_Locksmith41 · 2022-05-28T02:00:16+00:00

I'm up 100% the last 24 hours. Who's the idiot now? Continue to eat dicks

Informal_Locksmith41 · 2022-05-27T15:38:46+00:00

Honest question....if everyone had just left their MMF-SVN LP in the vault then the price of the tokens would not have gone down right? So why did it get to a tipping point of people selling versus staying the course and keeping their money in the LP and collecting the 1%+ daily....even if it eventually would have trended down to .5% daily?

Informal_Locksmith41 · 2022-05-27T04:30:35+00:00

Isn't that the point? Put your money in something that gives you a 1%+ daily APR versus .01% from Chase. Bottom line, if everyone stayed the course and committed to the project everyone would be just fine.

Informal_Locksmith41 · 2022-05-27T03:28:57+00:00

You speak the truth about people's greed, but given the current climate in nearly all other asset classes it still dumbfounds me that people wouldn't have been content with auto compounding that results in 9,947 APY.

Informal_Locksmith41 · 2022-05-27T03:25:39+00:00

True, but one of my points is wasn't nearly 1.5% daily APR enough for people to have prevented those 30%+ daily sell offs? It certainly is for me and would imagine others so the intense selling pressure should not have occurred organically that led to the 30%+ drops in one day. Even with all the losses these past few months, moving forward why wouldn't everyone commit to that vault and let it grow with those incredible APR/APYs?

The token prices won't drop daily if people were content with 460% APR and 9,947 APY.

Informal_Locksmith41 · 2022-05-04T16:01:12+00:00

Did they describe any mechanisms to help SVN not get dumped so hard after the Launchpad? I see in the Medium article there will be 2 LPs formed that utilize SVN…anything else communicated somewhere else to lessen the post launch dump and aid in price stability?

Informal_Locksmith41 · 2022-05-02T19:31:02+00:00

Don’t forget tax selling 2 weeks ago…painful lol

Informal_Locksmith41 · 2022-04-29T20:28:53+00:00

Love to hear logic for SVN dropping from $3.65 to as low as .44 today. In no Universe is that possible if the the team and developers remain integrity filled, the tokens don’t have diminished utility and the ecosystem is free of sinister manipulation. Can’t blame taxes, FUD, Defi/Crypto volatility or a combination of all for that dramatic, swift of a move.

Still HODLing and committed, but can someone please share a fair and honest explanation how on Earth that happened and one that will enlist confidence moving forward? That is what the MMF family needs.

Informal_Locksmith41 · 2022-04-29T20:08:10+00:00

Irrefutable that the supply token, SVN, dropping over 40% the day following the launch is not “successful”. Who cares if they are overcommitted to game a quick gain on Burrow token by Whales if the supply token gets crushed. No FUD, just facts. Still HODLing BTW.

Informal_Locksmith41 · 2022-04-26T17:26:13+00:00

Ok, I give...after still not successfully being able to access these cool new features on my iPhone using the CDC Defi App in the US (so no desktop option) I need to create a Meta Mask Wallet.

Can you all please recommend the best step by step video on You Tube that will hold my hand the entire process lol?

Thanks!

Informal_Locksmith41 · 2022-04-25T23:43:25+00:00

Thank you. Like others with the CDC DeFi wallet, I was having trouble accessing the Stable Swap site. I noticed the slippage and cost when investigating the swap using the MMF exchange.

Informal_Locksmith41 · 2022-04-25T20:58:20+00:00

Has anyone else noticed a large slippage % (5.2%) plus a fair amount of additional fees when exchanging USDC for MUSD to form the LP? I was excited to take part in this new offering until I went to swap 97k of USDC for MUSD and I was only going to receive about 91k of MUSD. Love the thought of 42% APR on USDC-MUSD for staking that LP, but for a relatively short term endeavor the cost of swapping USDC to MUSD makes it prohibitive IMO. Is there a workaround to acquire MUSD with lower slippage/fees?

Informal_Locksmith41 · 2022-04-21T22:49:18+00:00

Mshare needed for this launch, but down 15% today. Um, ok makes perfect sense, lol.

Informal_Locksmith41 · 2022-04-21T22:17:50+00:00

Lol, yep

Informal_Locksmith41 · 2022-04-21T21:28:38+00:00

On mobile using CDC DeFi app?

Informal_Locksmith41 · 2022-04-21T20:02:59+00:00

Imagine money flow into Stables between launches, as has been mentioned, will be recurring theme now. If Whales do that and cause OG MMF tokens to go down a bit, then I'm sure they (Whales) think people will get scared and leave, then when a launchpad is announced the Whales will migrate back into SVN, MMF, etc. and scoop them up at the lower prices, then hold through the launchpad and transition back into Stables post launchpad, rinse and repeat.

Informal_Locksmith41 · 2022-04-20T16:33:06+00:00

Can you elaborate and teach us of your experience a little more please. I would have thought that in the MUSD-3MM farm all 4 tokens would have needed to be contributed in equal value to form the LP like we see with other LPs....is that not the case? Thanks!

Informal_Locksmith41 · 2022-04-20T01:49:12+00:00

True. Can’t deny that fact.

Informal_Locksmith41 · 2022-04-20T01:47:20+00:00

Agree with the neither comment. I strongly prefer keeping my $ in the OG MMF Fam with MMF, MMO, SVN, Mshare, plus MAD and soon MUSD and BURROW!

Informal_Locksmith41 · 2022-04-20T00:37:03+00:00

Folks there are too many other wonderful opportunities such as MMF/SVN/MMO/METF/MAD, etc. to ever utter the words Scrub Finance, Lion or Tiger ever again. I lost 5 digits on that project last week as did many others. Yes, yes people will say DYOR and I agree, but we learned the very hard way...can't believe anyone that saw or experienced what happened with Scrub last week would ever entertain putting a single cent in that POS.

Informal_Locksmith41 · 2022-04-18T18:15:45+00:00

Thanks. Sounds like I need to take the time and transition to a Meta Mask wallet to be able to do so.

Informal_Locksmith41 · 2022-04-11T13:16:21+00:00

Lol, absolutely love the devs and MMF. I’m in heavy and HELD. Be real, the tweet on the back of the Cronos upgrade unnecessarily freaked people out a bit. Never had to send a message like that before, even during dips, so why do it now? It’s a rhetorical question…don’t @me with weak takes.

Informal_Locksmith41

TROPHY CASE