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ANN- CRUDE FINANCE AMM LIQUIDITY POOL DAO

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chigbolu:
The following have been readjusted
CRUDE.LVRG
Taker fee 0.2%
Market fee 0.1%
%LTM/REFERRAL FEE 30%
CRUDE.NGN
No Taker fee
Market fee 0.1%
%LTM/REFERRAL FEE 80%
The adjustment is meant to increase interest in the assets and create demand.

chigbolu:

--- Quote from: chigbolu on June 03, 2020, 07:51:02 pm ---We have a website just a temporary one for now
https://bitsharescrude.wordpress.com/

--- End quote ---

Still works

chigbolu:
The CRUDE FINANCE INFRASTRUCTURE has been on Bitshares for over 2 years now and despite the challenges it is important to think long term currently.
As of today CRUDE.LVRG Liquidity pools are still functional and work as is... despite the poor interest and low capital flow.
There's currently available 50million CLVRG tokens available to borrow at 7% (rates may change) to boost the Liquidity pools.. The current acceptable collateral is Bitshares.

Our stablecoin asset CRUDE.NGN has been adjusted to attract investment, it's original function was for P2P trading however it can still serve as an investment. The market fee has been reduced to 0.01% and the value has dropped to 5bn per $ in order to attract interest, 500bn has been made available on loan for users who would like to experiment with it's market, it has two Bitshares liquidity pool users can stake to, total value of the asset currently is $2000. The target is to inflate its total supply to 10trillion both liquidity pool and market trades, this would help to decentralize the asset and complete it as a decentralized stablecoin asset.

chigbolu:
Here's a progress Update
We have reached 1million CLVRG in User Issued Income and the current valuation means we are currently @ 5% from achieving our first payout cycle.

https://gyazo.com/84e99eb25ff2793855e3e9f0495fd432

What happens when we reach 100%?
At 100% the ROI for our payout will reach it's true value i.e 300%, 120%, etc. Let's all work to achieve this, it's easier now as the UII is at 1million a valuation of 0.001BTS can help us achieve that a 1900% increase from current price, which is so easy to  achieve if we all work together.

Here's the payout schedule of some of the pools for January.

https://gyazo.com/f55ed6a2fdc8a02e4439b0f32625b2eb
 https://gyazo.com/303a368853f549f4612aa79c0679ef10
 https://gyazo.com/161ebf7cab842461bfe451685296f387

We are currently midway into payouts for January...

The payout schedule for our 125million tokens distribution has also been changed to hasten the process, here is the current layout...
 https://gyazo.com/79ada6bd6314205f8180e1db8341d3c0

chigbolu:

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