riotgoools’s avatarriotgoools’s Twitter Archive—№ 8,998

      1. week 5 @BatonFinance vip farm report! another half of a milady has been emitted to farmers. ~2.5 miladys remain and ~6 weeks to go! let's take a look at some numbers and dynamics so far 👇🏻
        oh my god twitter doesn’t include alt text from images in their API
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      2/ by my rough calculations, 10 vips farming since the farm opened has earned almost 0.05 miladys (fmil). that's about 0.145Ξ or $275 in 5 weeks. way more than enough to absorb the deposit gas many many times over (ﾉ◕ヮ◕)ﾉ*:･ﾟ✧
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    3/ the price of vips and eth hasn't fluctuated wildly so impermanent loss has been fairly minimal. again, this is offset by the high apr on the farm as well as the @caviarAMM rewards for the trade activity in the pool
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      4/ ppl still selling vips cheap/at a loss on marketplaces. not sure what's going on here when there are better prices rn selling into pools but i’m not going to tell anyone how to live, just trying to help (๑˃ᴗ˂) plus this gives deals to ppl who want vips to farm or arb or keep
      oh my god twitter doesn’t include alt text from images in their APIoh my god twitter doesn’t include alt text from images in their API
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        5/ vip is up to #7 by offer tvl on @caviarAMM! part of this farm experiment is to encourage more usage of the pools for floor activity. unlike os/blur, when trade happens on caviar and nftx, the fees go to vip stakers which i think is a better deal for longterm vip enjoyers!
        oh my god twitter doesn’t include alt text from images in their API
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          end/ if you’re just hearing about the vip farm today, you can search my previous farm report tweets to learn how to farm the remaining 2.5 miladys (~7 Ξ /$13k today’s value) and find the farm on @BatonFinance here!: baton.finance/farms
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