- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Voyager - VYGVF Due Diligence
Posted on 7/3/22 at 2:30 pm to tenderfoot tigah
Posted on 7/3/22 at 2:30 pm to tenderfoot tigah
quote:
The answer is still dexes. Uniswap for Ethereum's network. Pancakeswap for BNB. Orca for Solana. Trader Joe for AVAX.
Could you walk me through a roundtrip trade on any or each of those? Let’s say that I’m entering a buy-to-open at the bid/ask midpoint and then (after that fills) a sell-to-close at the bid/ask midpoint. Could you give me a ballpark on roundtrip commissions for let’s say a $10,000 trade?
And exactly where is my money being parked prior to and after a trade execution?
Thanks to all for the assistance.
1
Posted on 7/3/22 at 9:58 pm to Jag_Warrior
Send your tokens to a wallet like Metamask. Connect your wallet to a DEX like Uniswap. Uniswap has a 0.3% fee + you have to pay to use the Ethereum network. The gas fees have been around $10 a transaction lately for Ethereum. Solana is a fraction of a penny to use. BNB was less than a dollar to use. I never used AVAX because I'm not a fan. On dexes, you exchange tokens. There is no going to cash. Your only options are stable coins. Dexes are what crypto is designed to be, decentralized.
Posted on 7/4/22 at 10:08 am to tenderfoot tigah
Thanks for the info.
Posted on 7/4/22 at 12:43 pm to tenderfoot tigah
quote:
Dexes are what crypto is designed to be, decentralized.
Absolutely
Posted on 7/6/22 at 5:50 am to boomtown143
Got an email saying Voyager will be filing for Chapter 11
Posted on 7/6/22 at 7:17 am to zephry801
quote:
Got an email saying Voyager will be filing for Chapter 11
And trading has been halted pre-market on the stock.
Posted on 7/6/22 at 7:32 am to tenderfoot tigah
quote:
Dexes are what crypto is designed to be, decentralized.
Are they really? What's happened lately with Solend, Bancor and MakerDao show the flaws in that argument.
The problem with code being law is that code can't anticipate all ruinous possibilities. Who decides what the law should be and intercedes when the code starts ruining the project?
And if defi eventually ruled the world, you can imagine the shenanigans when giant financial institutions, countries and blocs flex muscles to manipulate defi systems. The little guy never controls financial markets.
This post was edited on 7/6/22 at 7:34 am
Posted on 7/6/22 at 7:34 am to Diseasefreeforall
quote:
The proposed Plan of Reorganization ("Plan") would, upon implementation, resume account access and return value to customers. Under this Plan, which is subject to change given ongoing discussions with other parties, and requires Court approval, customers with crypto in their account(s) will receive in exchange a combination of the crypto in their account(s), proceeds from the 3AC recovery, common shares in the newly reorganized Company, and Voyager tokens. The plan contemplates an opportunity for customers to elect the proportion of common equity and crypto they will receive, subject to certain maximum thresholds.
Customers with USD deposits in their account(s) will receive access to those funds after a reconciliation and fraud prevention process is completed with Metropolitan Commercial Bank.
Update
Posted on 7/6/22 at 9:27 am to slackster
So is this thing dead now?
Posted on 7/6/22 at 9:53 am to sonoma8
Posted on 7/6/22 at 12:21 pm to Diseasefreeforall
quote:
Are they really? What's happened lately with Solend, Bancor and MakerDao show the flaws in that argument.
These are the equivalent of picking up pennies in front of freight trains.
There is 0 counter party risk in cold storage.
Posted on 7/6/22 at 1:25 pm to slackster
So what's that update mean if I've got BTC, ETH through them? I'll get equivalent value in the other coins mentioned?
Posted on 7/6/22 at 2:44 pm to TheChiefHasArrived
From the way I read it, it's a whole lot of nothing. It sounds like they hope to be able to give you something though it may be shares of their new company or voyager tokens (both of which will be damn near worthless after this) but its also clear that their extremely vague plan is also just a plan and not approved yet
Posted on 7/7/22 at 11:47 am to zephry801
quote:
Got an email saying Voyager will be filing for Chapter 11
Guessing here, but bet they get denied Chapter 11 protections and get forced straight to liquidation. This is probably in the best interest of their creditors. As soon as the restructure takes place will be a massive bank run and the whole thing is liquidated anyways.
Stock holders are wiped out either way.
Posted on 7/7/22 at 2:03 pm to UltimaParadox
I just looked at the ticker. HOLY shite
Posted on 7/7/22 at 2:43 pm to boogiewoogie1978
quote:
I just looked at the ticker. HOLY shite
Between April 2021 and July 2022 new investors lost 99% of their investment. Arguably early 2021 was the peak of speculative investments with things like Dogecoin peaking at around the same time
Posted on 7/14/22 at 9:50 am to molsusports
If you have any stock left, it's back up for trading at VYGVQ. I was able to at least close out my position for $.15/share. Unbelievable.
Page 19 of 19
Popular
Back to top
Follow TigerDroppings for LSU Football News