REBASE - + Dutch Auction at 1

yieldforge in Synergy Builders • yesterday (edited)

Its been a journey, but today is our first snapshot.

We are down in dollar terms, so there are no "dollar profits" to draw from. But - Read on. See our portfolio here.

By dividing this number by the HIVE price, we can calculate our ABV in HIVE terms:

And by doing that we get : 1.11 HIVE per YIELD token

Today we rebase to 1

And still unreleased tests on a MagicDivs tool:

So upon sending 0.11 YIELD to each 1 YIELD our holder team has, we are now back at 1 HIVE ABV.

Let's SELL!

Dutch Auction Rules

Its hard to know for me who is paying attention, who is not. Who is playing "their game" and who doesn't yet grok the rules.

But hive-engine market bid orders work like dutch auction. When I list to sell at 1, I will collect all orders at or above this number in decending order, cascading as we do if applicable.

All money raised in this sale phase will be put into our pools! I have been talking to AJ about strategy, and possibly this month my updates will include looking into the pools we are providing liquidity too.

Sell for a few days then I will pull the rug and ship it.

Pay attention and leave me comments if you have questions!

#yield #hive-engine #defi #leofinance #archon #pimp #neoxian #ctp #proofofbrain #vyb

yesterday in Synergy Builders by yieldforge

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siddhartaz yesterday

niceeee
good divs so far
already added 50 more incase they disapear again 🤣
great job my friend
we trust in you

!PAKX

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8 votes

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pakx yesterday

^{View or trade PAKX tokens.}

@siddhartaz, PAKX has voted the post by @yieldforge. (2/2 calls)

Use !PAKX command if you hold enough balance to call for a @pakx vote on worthy posts! More details available on PAKX Blog.

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1 vote

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ecoinstant yesterday

Wow! first pakx call I have seen in the wild!

Thank you. You know that no matter what happens - I will do the math for all to see.

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siddhartaz yesterday

Second ever pakx called i think 🤣 atleast on my side
gives a nice upvote 🥳

you have to buy some YIELD, ive passed you 😜

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10 votes

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michael561 yesterday

Saw some YIELD pop into my wallet and was curious what happened; thanks for the solid explainer! I'm paying attention - I think - and am curious to see how this project plays out! I guess my question, if I have any, is why you allocated into the specific vaults over on DexFi that you did. But, maybe that was in a previous update and I've just forgotten the answer, !LOL

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1 vote

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lolzbot yesterday

lolztoken.com

I found nasty month-old leftover mac and cheese in the fridge.
It was a case of age-related macaroni degeneration.
_{Credit: reddit}
@yieldforge, I sent you an $LOLZ on behalf of michael561

(1/1)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP

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ecoinstant yesterday

The easy answer is that "I don't know either", and this month I will dig in possibly one by one to see what they are.

If the strategy depended on me, probably we would have never done this project, since whatever it is we are doing is a bit far outside of my comfort zone and area of expertise, and I "am busy" with a few many other things.

But I hope this gives me an excuse to figure it out along the way!

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michael561 yesterday

Thanks for the prompt answer! I generally like defi, so enjoy seeing a project on Hive that can serve as a vessel for such a cutting-edge part of it, for folk on Hive. The general idea for the wallet is clearly farming swaps on meme and AI tokens on Base - and DeFi swaps on Arbitrum - but I guess I'm curious which specific vaults on DexFi you've deposited into, if you can share? (I don't think there's a way for me to check myself, as open as so many parts of defi are, but maybe I'm wrong.)

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ecoinstant yesterday

looks like I forgot to link it in this post, but since you seem apt, you should be able to see it here, tell me what it all means to your eyes!

https://debank.com/profile/0xF1dab0797A43443AdF30D94acA85B72f359F0E0a

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michael561 23 hours ago

I'd already looked a couple times at the holdings, I guess I'm curious about the profit harvesting/compounding strategy that's being used, which is hard to tell from the transactions, for me.

It looks like profit is being harvested off the meme and AI agent vaults and put into... I can't tell, maybe the USDC+ETH+BTC vault? If so, it's a solid strategy that'll basically scale down the portfolio's risk level over time (within the risk levels of crypto).

It's not an important question either way; I'm just curious.

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1 vote