BC ALL
Saved by @peppermindset

We are actively working to launch on @binance Smart Chain #BSC .

To make this transition easy & understandable for everyone, we are answering most frequently asked questions here.

Ready? Go! 🔥

1/24

#DeFi #YieldFarming

 @binance Q1 - What are the benefits of holding the $VALUE token on the Ethereum Mainnet network? Give me reasons not to sell. Some are assuming that the VALUE token will be abandoned now that vBSWAP is being created. Can you clarify the use case for VALUE?
@binance 👉 $VALUE will always be a governance & profit receiving token of the whole ecosystem if staked in #vGov. With the new farming token on #BSC , gvVALUE holders will get extra rewards at BSC if they choose to bridge their gvVALUE to BSC & stake in gvVALUE-B/BUSD 98/2 pool.
@binance Q2 - What do I need to do with my VALUE tokens that are staked in vGov? Is it OK to leave them in the vGov?

👉If you have VALUE but aren't staking in the vGov & you would like to participate in the BSC expansion, you will need to stake your VALUE in the vGov to receive gvVALUE.
@binance If you are staking in vGov but don't see the correct gvVALUE amount in your wallet, go to vGov (https://t.co/udXn5IJtVx) to unlock your gvVALUE from the old contract. There will be a bridge from ETH to BSC to move gvVALUE and vUSD over.
@binance Q3 - What is the purpose of the “Unlock” button on the #vGov page? What does it do? How often do I need to execute it? How do I know whether or not I need to click it?

👉 Prior to auto compound upgrade of vGov in November 2020, all gvVALUE was locked in vGov contract, ...
@binance ... post upgrade it returned back to wallet. All users who deposited prior to it now have the option to transfer gvVALUE to their wallet at relatively cheap gas cost (depending on $ETH network congestion).
@binance It is one time action that is available only to users who have their gvVALUE locked in contract.

Q4 - Will we be able to stake value-B on the #BSC chain?

👉 Value-b is https://t.co/4Tto3Cf20S pegged Value token, as such it is not part of our Value ecosystem.
@binance Q5 - Will I lose any of the gvVALUE benefits (compounded etc…) if I peg them to gvVALUE-B?

👉 All benefits stay and you get additional rewards from #BSC.
@binance Q6 - Will I be able to bridge my gVALUE coins to #BSC 1:1 (at a"relative cheap cost")? and have gvVALUE-B ? And vBSWAP is a completely new token not directly related to my VALUE/gvVALUE-B ? If yes, what will be the initial price for vBSWAP and max supply?
@binance 👉 gvVALUE will be bridged at 1:1 peg to gvVALUE-B before we roll out our #BSC ecosystem. It’s cheap because it’s just a transfer tx.

vBSWAP is a profit share token of ValueDeFi at BSC. Farmers get vBSWAP as incentive, vBSWAP holders get farmers' profit as buyback and burn.
@binance vBSWAP holders can control the profit sharing rate and decide on the % of swap fee from vSwap that goes to buy back vBSWAP. Max supply of vBSWAP will be 100000 that will be distributed over 104 weeks with reduction in emission by 10% every 4 weeks (e.g. in first 4 weeks...
@binance ... total of 10600 vBSWAP tokens will be distributed, for next 4 weeks 9540 vBSWAP etc..)
@binance Q7 - Only thing I’m confused about is the addition of vBSWAP. So swap on #BSC will not profit share with value holders but with holders of a new token instead? I don’t understand why we’re getting another profit sharing token for the platform.
@binance 👉 vBSWAP token will be distributed to 98/2 gvVALUE-B/BUSD pool stakers as well. gvVALUE holders are able to receive benefits from both chains if they choose to do so. In order to compete on the #BSC landscape, incentives have to be given to future users, and since there will...
@binance ... be no more VALUE emissions and vUSD has its own purpose now, the optimal solution is to create a new token that is backed by BSC profits.
@binance Q8 - So am I getting this right that I will be able to pull out my gvVALUE use it on the #BSC to farm another token/reward yet still receive my rewards/buybacks etc in Gov vault? Surely my money/value can't be used in 2 places at once can it?
@binance 👉 gvVALUE is a token that represents your share in vGov, as long as you hold gvVALUE (or gvVALUE-b) you are receiving profit from Value ETH Ecosystem and by bridging over to BSC you will be able to receive additional rewards (vBSWAP tokens) from BSC if ...
@binance ... you choose to stake it in 98/2 gvVALUE-b/BUSD pool.

Q9 - What are the advantages of #BSC long-term for the project?

👉 Cheaper gas costs on BSC will allow us to demonstrate our unique multistrat + auto-rebalance tech for #vSafe, as well as vPegSwap. There are also plans...
@binance ... to upgrade #FaaS to create projects from scratch - vLaunch and to start vLend on #BSC. We will also be one of first projects with complete infrastructure on BSC which should give us first mover advantage.
@binance Q10 - Will it be Cross #Heco?

👉 #BSC is just the first of chains that we will expand to, and depending on ease of integration several more are under consideration, including Heco.
@binance Q11 - Do I need $ETH in my wallet to pay for the gas on #BSC?

👉No, #BNB is native currency of BSC, just like ETH is of @Ethereum. In order to initiate any transaction on BSC you need to hold BNB in your wallet. You can get BNB by buying it from @binance , @FTX_Official or @BKEX
@binance @ethereum @FTX_Official @bkex Q12 - Where can I learn more about #BSC?

👉 For those of you who are new to BSC, we recommend the following online resources:
https://t.co/scX7libRXZ
@binance @ethereum @FTX_Official @bkex If you have any further questions, do not hesitate to ask them in the comments! 📝

We invite you to retweet this thread if you liked it. The more people who know about it, the better!

24/24

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Did you know?

When Saudi Arabia's King visited India in 1955, PM Nehru ordered all the Hindu Temples and Idols of Hindu Deities that came in Saudi King's way to be covered up.
Our temples are the architectural marvels in their own league.


Each of our temples tells the story of our rich history and cultural heritage. Was Nehru that ashamed of his own nation's heritage that he had to cover them up or there was some other reason? The answer would be best known to him only.

PM Nehru invited the then Saudi King Saud bin Abdul Aziz to India who accepted the invitation and planned a 17 day long official visit to India in 1955. Saudi King had brought a large delegation with him and he had to visit various Indian cities like Mumbai, Hyderabad, Agra,


Aligarh, Shimla, Mysore and Varanasi. However, when Saudi King reached Varanasi, Nehru ordered to cover all the temples and Idols with curtains that came in the way of the Royal Convoy. During his stay in Varanasi, Govt buildings were painted with the words "Kalma Tayyiba".


'Kalma Tayyiba' means 'There is not God but only Allah and Mohammed is his messenger'. In addition to it, Pooja and Aartis were also stopped at temples. I can call it the appeasement politics of the highest order and Nehru was indeed the greatest appeaser of all times.
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It is said that the one who bears the dust thrown from the hoof of Gaumata on his head, as if taking a bath in the water of the teerth sthalam and getting rid of all sins.


Ved and all other Hindu scriptures venerate the cow. The Vedic dictionary, Nighantu, gives amongst other synonyms of 'Gau' [ or cow] the words 'Aghnya', 'Ahi', and 'Aditi'.

Yaska the vedic decoder and commentator on Nighantu, defines these as-

Aghnya —— the one that ought not to be killed
Ahi —— the one that must not be slaughtered.
Aditi —— the one that ought not to be cut into pieces.

These three names of cow signify that this is an animal which should not to be put to tortures. These words appear frequently throughout the Veda in context of the cow.

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Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

Ignore people playing status games. They gain status by attacking people playing wealth creation games.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.
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Hi! You can find it here. Original tweet by @SaveToBookmarks: "@AnJamison @JeffJacksonNC @buzz @buzz_chronicles @pdfmakerapp @Readwiseio @threa...". Enjoy 👉
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Read this. U may get it for free.
Short straddle :
What is ?? Sell an atm call and put.
Instrument: mostly bnf and nf.
Now there are versions of it.
1. Best version :
Enter around 9.15-20 and exit around 3.20. No adjustment nothing.
1/n.


If u r doing it on zero leverage(meaning u have full capital of around bnf's notional contract,i.e. 40000*25 = 10lacs), then u r most likely going to make better than fd or anything like that.
Simple rules : friday,monday, tuesday do for weekly. Wednesday and thrusday next week

So, gamma moves can't impact much.
Another better version of mahesh chander kaushik is to do it for monthly expiry.
Bigger premiums and never hav to worry about 200-300 points sudden moves.
2. 2nd version : have combined stoploss of premiums and re-entry criteria. Example :

Let say 40000 straddle is at 600. Sell at 600 and hav combined sl at 650. Many algos are providing this. U can even place stoploss in % terms. Like, if sold straddle at 400 and placed 10% sl, means if 440 combined premium touch, it will be stoploss.
Let say, in morning,

U sold straddle at 600 and it sl hit at 650. Now, u placed reentry at 600 with same sl. This time may be linear decay happens and u may cover morning's loss and make some profit.
3rd version : stoplosses at each leg and trail sl to cost type.
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Master Thread of all my threads!

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