Right now so many projects offer yield farming, so what interesting features can be found in RFI Yield Farming?
just hold RFI in ur wallet and earn yield. now around 360% APR. paid from transaction fees so if the volume goes up so does ur yield. |
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The yield in fees for the first week is ~ 5.85% for your total stake in RFI.
So if you held 1,000 RFI for 1 week, you would now have 1,058.5 RFI and that keeps compounding.
This 5.85% depends on the amount and size of RFI transactions,
so in the near future, with an increase in transactions, this can go up even higher.
How much is the yield for the second week? Didn't make the calculation for the second week but it should be ~ 0.4% per day based on what I read in the Telegram group. Price is at $0.45 range, up 450% from $0.10 last weekend so in $ it's going even faster. Current price: https://reflect.blockpour.com/tradesPeople are making a dashboard (not launched yet) thats calculating RFI profits, looks pretty cool. But im wondering is it safe to login with ur metamask?  |
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The yield in fees for the first week is ~ 5.85% for your total stake in RFI.
So if you held 1,000 RFI for 1 week, you would now have 1,058.5 RFI and that keeps compounding.
This 5.85% depends on the amount and size of RFI transactions,
so in the near future, with an increase in transactions, this can go up even higher.
How much is the yield for the second week? |
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nice! good for the volume.
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The RFI black hole already holds over 471,000 RFI tokens and keeps expanding,
decreasing the total amount of 10,000,000 RFI in circulation with every transaction. What is the rate of token burn and where does the amount generated from? The 1% fees were distributed entirely to holders, wouldn't that mean there were no other token left to be sent to the blackhole (nice address, by the way)? The rate of burn is now 1% of the transaction fees that are burned in a (472,000 / 10,000,000) ratio. Fot the first week that was about 3,300 RFI tokens a day that are burned, but that has decreased for obvious reasons; more people are holding their stake. The future is hard to predict; the black hole grows, holding a bigger stake it will eat up a bigger chunk of the fees. But when price goes up, you can expect more but smaller transactions, so the burn may actually slow down. Holding RFI has 2 advantages for a holder: receiving fees + deflation I think the return (and so, the burn rate) for the past 2 days has dropped a bit. Less trades / volume. Price still steady in ETH. Still crazy high return in fees. What my bank paid in 1 year when interest was high, I now receive in one week in RFI transaction fees. im curious to see what the fees will be when volume picks up. |
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will PPT ever go up? does Steve still spends PPT on expensive champagne?
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So who's buying VEgold from Reggie Middleton? You know the same Reggie Middleton who admitted to the SEC he was a scammer. But I'm sure this time his project is totally legit.
is there even volume on the platform? the volume of the VERI token is $2400, so practically dead. |
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VERI just made a new low. no reason to buy this coin atm.
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what is the biggest difference between Theta and live peer? or are they the same?
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Reggie is a contrarian badass.
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how is it possible to tokenize assets without a 3rd party? whos going to verify the collateral?
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I think Reggie is one of the very few persons in this space who actually gets shit done and tries do deliver a real life application of his product. The VeADIR is a really nice start, and could potentially lead to a real price discovery of certain goods in many areas. So its kind of a joke that the SEC has filed charges against Veri and not against any of the other 1000 shitcoins out there which delivered nothing and basically stole the money of their investors( in many cases 100s of millions of dollars). Maybe its because the VeADIR concept could be a real danger for the traditional rigged markets.(smart contracts which ensure that u can get ur goods delivered to your home if u want to) Especially in the rigged silver and gold markets, but basically everywhere. IF it would go Mainstream, and thats a big if when u look at the recent volume since the fake bot volume has vanished( probably cause of SEC charges). Furthermore the recent spike in price means nothing cause of the low volume but who knows how small these crypto markets really are without bot trading, certainly it shows that veri has much room to grow and i believe it will. This isnt over. Good luck to you Reggie  i dont see many people using his product, no one knows it even after 3 years. if many people were using it then there should be more tokens in circulation, its still around 2 million like 2 years ago. Your right thats a problem, there should be more effort to promote for example the VeADIR after the SEC charges have been delt with. can you explain briefly the VeADIR powerful possible action on precious metal markets ? Sure. In the traditional markets u usually buy a security if u purchase silver or gold. (not sure if securities is the phrase to use english is not my native language but u get my point i think) There are a lot more silver securities out there than actuall physical silver or gold.(in many cases the investor shares his silver with a few hundred other investors) So you can artificially surpress the gold and silver price by increasing the supply with securities. But the VeADIR ensures via smart contract that ur purchased metals are physically covered by real gold or silver.(Reggie spent over half a million US dollar last month to purchase physical metals for the VeADIR) Which is much better for u as a customer because i think the moment will come when investors realise that their securities are uncovered and virtually are worth nothing. When at this point the VeADIR would be much more popular then it is now it could be an alternative to the rigged traditional markets and lead to a real price discovery in silver and gold where the outcome of the price would be substantially higher. we still have to trust a third party. the point of having crypto is that you dont have to trust a third party. just buy some gold stocks, gold coins and bitcoin, more liquidity and safer. |
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I think Reggie is one of the very few persons in this space who actually gets shit done and tries do deliver a real life application of his product. The VeADIR is a really nice start, and could potentially lead to a real price discovery of certain goods in many areas. So its kind of a joke that the SEC has filed charges against Veri and not against any of the other 1000 shitcoins out there which delivered nothing and basically stole the money of their investors( in many cases 100s of millions of dollars). Maybe its because the VeADIR concept could be a real danger for the traditional rigged markets.(smart contracts which ensure that u can get ur goods delivered to your home if u want to) Especially in the rigged silver and gold markets, but basically everywhere. IF it would go Mainstream, and thats a big if when u look at the recent volume since the fake bot volume has vanished( probably cause of SEC charges). Furthermore the recent spike in price means nothing cause of the low volume but who knows how small these crypto markets really are without bot trading, certainly it shows that veri has much room to grow and i believe it will. This isnt over. Good luck to you Reggie i dont see many people using his product, no one knows it even after 3 years. if many people were using it then there should be more tokens in circulation, its still around 2 million like 2 years ago. |
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how many transactions per second has Decred?
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