Read on Twitter
“$VGX went up to $1.50 but now it’s all the way down to $1. Was this just a pump and dump?”
Not even close. A thread on why I’m crazy bullish $VGX (aka $BQX on Binance) in the short/medium/long term.
Not even close. A thread on why I’m crazy bullish $VGX (aka $BQX on Binance) in the short/medium/long term.
2/
$VGX has had a massive run this month, opening the daily candle on Jan 4 around $0.147 and reaching an intraday high of $1.48 on Jan 15. This attracted lots of new holders who may not fully understand what $VGX offers. Some thoughts:
$VGX has had a massive run this month, opening the daily candle on Jan 4 around $0.147 and reaching an intraday high of $1.48 on Jan 15. This attracted lots of new holders who may not fully understand what $VGX offers. Some thoughts:
3/
Voyager currently pays 3% APR for $VGX holders with 5k+ tokens. In the ~March timeframe, these holders will receive 7% APR for staking their tokens on the platform within the new Voyager loyalty program (aka, VLP).
Voyager currently pays 3% APR for $VGX holders with 5k+ tokens. In the ~March timeframe, these holders will receive 7% APR for staking their tokens on the platform within the new Voyager loyalty program (aka, VLP).
4/
This means your effective interest yield (% that interest payments comprise of total initial investment) goes
as token price goes . See below for an example with theoretical $VGX price points @ a $5k initial investment + $1/token entry.
This means your effective interest yield (% that interest payments comprise of total initial investment) goes
as token price goes . See below for an example with theoretical $VGX price points @ a $5k initial investment + $1/token entry.
5/
Concern about the original $VGX LP tokenomics was bc tiered rewards could be achieved by either # of tokens held OR portfolio $ value. The CEO has already stated that the new program will be token based:
Concern about the original $VGX LP tokenomics was bc tiered rewards could be achieved by either # of tokens held OR portfolio $ value. The CEO has already stated that the new program will be token based:
6/
This is great news. My hypothesis is most new $VGX holders don’t even realize a) that there’s a v1 of the loyalty program, and b) the improved v2 is being released soon - in other words, they don’t know about the 7% APY!
This is great news. My hypothesis is most new $VGX holders don’t even realize a) that there’s a v1 of the loyalty program, and b) the improved v2 is being released soon - in other words, they don’t know about the 7% APY!
7/
Platform/user growth (part 1)
The speed at which Voyager is growing is unreal. Already in January, they have MORE THAN DOUBLED their assets under management.
https://twitter.com/HodlGeneral/status/1350093930403082240?s=20
$VGX
Platform/user growth (part 1)
The speed at which Voyager is growing is unreal. Already in January, they have MORE THAN DOUBLED their assets under management.
https://twitter.com/HodlGeneral/status/1350093930403082240?s=20
$VGX
8/
Platform/user growth (part 2)
“Well yeah, but crypto prices went up a lot in January.” True. But how about this: Voyager has also MORE THAN 5X’D their average net daily deposits since December.
https://twitter.com/HodlGeneral/status/1351168176994869251?s=20
$VGX
Platform/user growth (part 2)
“Well yeah, but crypto prices went up a lot in January.” True. But how about this: Voyager has also MORE THAN 5X’D their average net daily deposits since December.
https://twitter.com/HodlGeneral/status/1351168176994869251?s=20
$VGX
9/
Voyager’s growth to-date has all been US-based. However, they are set to expand in Europe and Canada this year (read: more potential users + $VGX investors).
Voyager’s growth to-date has all been US-based. However, they are set to expand in Europe and Canada this year (read: more potential users + $VGX investors).
10/
“Okay, but what does their growth have to do with $VGX price?”
Exhibit A: https://twitter.com/PatrickAckerman/status/1349393243704856578?s=20
“Okay, but what does their growth have to do with $VGX price?”
Exhibit A: https://twitter.com/PatrickAckerman/status/1349393243704856578?s=20
11/
Exhibit B: https://twitter.com/PatrickAckerman/status/1352994895905095680?s=20
A look at how $VGX price appreciation compares to that of $CEL at similar platform growth stages.
Exhibit B: https://twitter.com/PatrickAckerman/status/1352994895905095680?s=20
A look at how $VGX price appreciation compares to that of $CEL at similar platform growth stages.
12/
Exhibit C: https://twitter.com/PatrickAckerman/status/1352029746717188096?s=20
A look at the potential funded account trajectory of Voyager over the coming years.
$VGX
Exhibit C: https://twitter.com/PatrickAckerman/status/1352029746717188096?s=20
A look at the potential funded account trajectory of Voyager over the coming years.
$VGX
13/
There is still massive friction from the $BQX ticke on Binance, the only other place to buy $VGX besides Voyager. This is supposed to be updated soon and will enhance name recognition. Branding matters!
There is still massive friction from the $BQX ticke on Binance, the only other place to buy $VGX besides Voyager. This is supposed to be updated soon and will enhance name recognition. Branding matters!
14/
Voyager product roadmap + $VGX utility
They have already indicated that $VGX holder benefits will be integrated into their whole future ecosystem (debit/credit cards, margin trading, crypto-to-stock trading), etc.
Voyager product roadmap + $VGX utility
They have already indicated that $VGX holder benefits will be integrated into their whole future ecosystem (debit/credit cards, margin trading, crypto-to-stock trading), etc.
15/
Speaking of utility, I haven’t even mentioned that *today* holding 10k $VGX gets you a 1% interest boost on your holdings:
$USDC (8.5
9.5%)
$BTC (5.5 6.5%)
$ETH (4 5%)
Speaking of utility, I haven’t even mentioned that *today* holding 10k $VGX gets you a 1% interest boost on your holdings:
$USDC (8.5
9.5%)$BTC (5.5
6.5%)$ETH (4
5%)
16/
There’s lots of talk about new regulation in the world of crypto. It’s TBD on exactly what form(s) this takes, but it’s coming. Thankfully, Voyager and $VGX are well positioned as a publicly traded company on the Canadian stock exchange.
There’s lots of talk about new regulation in the world of crypto. It’s TBD on exactly what form(s) this takes, but it’s coming. Thankfully, Voyager and $VGX are well positioned as a publicly traded company on the Canadian stock exchange.
17/
Back to platform growth: another thing Voyager hasn’t had to-date is a desktop trading experience. However, they have one in beta now which will be released in coming months. https://twitter.com/investvoyager/status/1349793680136282114?s=20
$VGX
Back to platform growth: another thing Voyager hasn’t had to-date is a desktop trading experience. However, they have one in beta now which will be released in coming months. https://twitter.com/investvoyager/status/1349793680136282114?s=20
$VGX
18/
Historically, crypto markets have followed a 4yr cycle based on $BTC’s halving schedule. Looking at Coinbase’s user growth we can see it continued even during the recent bear market. https://twitter.com/HodlGeneral/status/1353121329646592000?s=20
$VGX
Historically, crypto markets have followed a 4yr cycle based on $BTC’s halving schedule. Looking at Coinbase’s user growth we can see it continued even during the recent bear market. https://twitter.com/HodlGeneral/status/1353121329646592000?s=20
$VGX
19/
If this also occurs with Voyager, coupled with the $VGX value increase that will come with more features in their ecosystem (and benefits for holders), $VGX may be well insulated from the next bear market. https://twitter.com/DigitalDoji/status/1350847169000050693?s=20
If this also occurs with Voyager, coupled with the $VGX value increase that will come with more features in their ecosystem (and benefits for holders), $VGX may be well insulated from the next bear market. https://twitter.com/DigitalDoji/status/1350847169000050693?s=20
20/
In summary, there are so many great things on the horizon for Voyager and $VGX that actually matter and will add real value. As user/funded account growth continues, the token price will continue to reap benefits for holders.
Happy hodl’ing
/end thread
In summary, there are so many great things on the horizon for Voyager and $VGX that actually matter and will add real value. As user/funded account growth continues, the token price will continue to reap benefits for holders.
Happy hodl’ing
/end thread
