I'm curious about this stock I ran into. It makes most of its cash from its interest/investments in other companies and holds $0 in debt... but what is wrong with it? It seems "Too good to be true". Opinions?
Positions in company: N/A (Don't have any yet but planning to buy 100 - 200 shares ($46 - $92 worth tomorrow giving me a total return of $8.00 - $16.00 yearly) Just wondering what other's think of this
Basic info:
- Ticker: NWX.V (Newport)
- Price (As of writing this): $0.4600 CAD
- Yield: 15.22%
Finances:
- Earnings: 2017 | 2018 | 2019 | 2020:
- $0 | $0 | $0 | $0 (MORE ON THIS BELOW)
- Revenue: 2017 | 2018 | 2019 | 2020:
- $2.41M | $2.43M | $5.61M | $5.94M
- Free Cash Flow: 2018 | 2019 | 2020 | TTM
- $3,223 | $5,606 | $7,227 | $5,999
- Operating Cash Flow: 2018 | 2019 | 2020 | TTM
- $3,223 | $5,610 | $7,240 | $6,012
- Debt: $0
- Gross Profit: 2019 | 2020 | (TTM) :
- -0.874 | -3.657 | -3.816
- Net Income / Available to common shareholders: 2019 | 2020 | (TTM):
- $5,606 | $5,938 | $5,727
Company Values/Investor Highlights:
- Dividend paying - Always good to see
- Well financed, no debt
- 2.5% Royalty over several oil and gas permits in Australia
- Active exploration by excellent operators in Cooper Basin
- Operators: Beach Energy and Santos
- Royalty covers both oil and wet gas projects
- Several new oil fields discovered since 2015
- Owns a 100% interest in Chu Chua massive sulphide deposit in British Columbia
Explaining the $0 Earnings and Dividends/Yield:
NWX gets its cash from Royalties and its 100% interest from its investments, specifically, from two companies. NWX can't make decisions in the Cooper Basin but does make royalty from the company on a Quarterly basis (This cash is then used to pay shareholders their dividends).Specifically:
- 100% interest in the Chu Chua copper-gold project located to the north of Kamloops, British Columbia, Canada.
- 2.5% gross overriding royalty interest on oil and gas permits in the Cooper Basin in Queensland, Australia.
Quote:
>As stated in a Company News Release dated March 12, 2021, the Company retains the option of increasing the quarterly dividend at any time, as it did in December 2020 with the tripling of the scheduled quarterly dividend amount. **The Company's strong balance sheet ensures that it has the ability to not only maintain regular $0.01 per share quarterly dividend payments, but
... keep reading on reddit ➡Almost zero transaction fees, no failing centralized nodes, the future of DeFi summer 2021. What's there not to like?
Polycat.finance is one of the most tried and tested farms on Polygon, and pretty early on it started developing way beyond any simple goosecopy. Features:
Vaults
The Vaults are used to lock LP tokens in an auto-compounding contract that compounds once PER MINUTE and the profits are used to both buy and burn FISH tokens, as well as to acquire more LP tokens to increase your deposit. Currently earning over 3000% APY.
Farm
The Farm is currently FISH-MATIC only and does not auto-compound but instead generates FISH tokens as a reward at over 30,000% APY currently.
Pool
The Pool is a single asset vault where you stake FISH to earn more FISH. Currently earning over 6000% APY.
FISH Tokenomics
Max Supply: 3 Million
Emission: 0.8 FISH/Block
FISH is bought and burned by the fees from Polycat Finance. The supply is capped at 3M and it's estimated all have been minted in August. $FISH will take on a governance function and is also used for the new Initial Farm Offerings (IFO) function just announced.
The latest news update has been nothing but good news. QuickSwap has directly integrated a FISH-QUICK pool which is huge for FISH and allows the Vaults to compound FISH into more FISH LP tokens.
Audits and tokenomics can be read at their github.
BSC -> Matic Guide
- Get USDC on BSC from PancakeSwap
- Go to https://evodefi.com/bridge?token=USDC to Send your USDC to Matic
- Go to https://matic.supply/ if you need some Matic
- Go to https://quickswap.exchange/#/swap and swap your USDC for the desired Tokens (FISH, Matic)
- Go to https://polycat.finance/ and deposit your tokens in the desired contract.
Given the downturn in the market, I am looking to park my stablecoins somewhere to earn interest. Open to CeFi or DeFi. I was using blockfi before and getting between 8-10% APY which I took as payment in LTC (i'm okay waiting for it to eventually go up since it is free money)
Curious what the best strategy is?
Is it better to stake stablecoins in DeFi or to just take CeFi 8-10%?
Thanks!
WHEAT is the token used to incentivize the products of the GrowthDeFi ecosystem. In exchange, a large portion of the revenues are directed towards buybacking and burning it, the ultimate goal is to make WHEAT deflationary
he short term and long term goals of WHEAT:
Throughout the earliest launch period the emissions of WHEAT are used to incentivize users to deposit their LP tokens into the protocol, the purpose of this is to quickly accumulate large balances in the Fee Collector contracts that constantly buyback and burn WHEAT.
The longer term goal for WHEAT is having emissions of it to continually incentivize the different products offered whilst being deflationary, deflation in WHEAT happens when the buyback contract is buybacking and burning more WHEAT than the emission rate at the time.
WHEAT's unique sustainable model:
The typical farming uses up any existing revenues to automatically buyback the token, however the point in time where the protocol is making the most revenue is usually also the point at which the token price is the highest, this makes the effective buyback amount negligible compared to the tokens being issued.
When the price of the token eventually crashes down so does the TVL/volume of the protocol and as a direct consequence the revenue of it, the result is that no matter the current state of the protocol it never has enough revenue to buyback more than what it's issuing.
This is where WHEAT innovates:
https://preview.redd.it/9r4vy6w3b6t61.png?width=861&format=png&auto=webp&s=793cbdba71184b7b5262d8a8682733ffcc7cdc99
WHEAT's main revenue source comes from deposit and performance fees, the deposit fee builds up the balances of the fee collector contracts very quickly and the user is less likely to withdraw their funds if there is a deposit fee.
The performance fee capitalizes on the higher likelihood of TVL staying within the protocol and generates a more consistent revenue source.
Deposits Fees (Big & Inconsistent)
Performance Fees (Very reliable)
In the case of PancakeSwap strategies this fees are paid in LP tokens, they go to the fee collector contract which in turns harvests CAKE regularly and uses it to buyback WHEAT & GRO.
As a result of this setup the amount of WHEAT being bought back is dependent on the profits generated by all the fee collector contracts, not the direct revenue of the protocol.
This leaves three scenarios depending on what the price of WHEAT does:
Scenario 1
... keep reading on reddit ➡Decentralized Perpetual Liquidity Protocol (DPLP also known as TOAD LPF) liquid hosted on PCS V1 10% Fee deposit, 10% Fee Withdraw (1% burned). Developer donated LP initially reserved by the team.
TOAD.Network invented perpetual liquidity and harnessed to farm donated developer shares.
By joining the pool your 10% tax is added to pool rewards and drip. When users leave the pool, they incur same 10% pool tax (except 9% reflect back to pool and 1% burnt). This creates a system in which liquidity will never expire. In 10, 25, and 150 years due to natural free market incentives there will still be liquid TOAD available to acquire.
TOAD Farms (BNB and BUSD), distribute liquid in a similar fashion over drips as the LPF of developer donated liquidity. These drip 1% remaining donated TOAD per day. There is no tax on these farms.
We believe these systems to be the fairest and most user incentivizing way to distribute a projects liquidity. Incentivization to hold, and stake liquidity are paired with free market choices to seek higher yields and refresh the DPLP.
PADSwap allows users to swap any token that has staked liquidity. Fair launched and self funded, Rewarding LPs at a high rate encourages liquid stake which are further rewarded with PAD farms. A similar farm system of drips as TOAD.Network with adjustments to better fit the swap model. Farms drip per second, each day 10% of overall pool value.
The Vault is a cross chain index forever rising, floating peg. In a majority of Crytpospace Swaps, part of the swap fee goes towards Develper wallets. We have instead used this portion to further reward all users by sending .05% of each swap to the The Vault where PADs’ backing value is held. You can redeem (Burn) your PAD to receive ratios of backing tokens in kind. Burning PAD at the vault to redeem shares of its backing value will forever reduce the overall supply of PAD and increasing its scarcity.
The Crossing is a ERC20←→ BSC bridge with PADSwap’s first partner Catoshi. This will allow users to seek the benfits and capabilities of both Blockchains. Users on ERC20 can cross the bridge for a nominal fee and benefit from the low gas, staking, farming, yield, and all features that are available on the Binance Smart Chain. Users can also cross the bridge to ERC20 to speculate markets and currencies for the same nominal fee.
Future Evolution of the TOAD.Network ecosystem: NFT Marketplace Governance System Simplified App Autostake saving account New merch
... keep reading on reddit ➡You can read the article here : ⬇️
https://xtz.news/defi-news/plenty-defi-sustainable-yield-farming-on-tezos/
Hey everyone,
Let me introduce you to a project that has amazing potential. The current marketcap is around $1.8 million, circulating supply is 140,500 (growing at about 2800 Wheat/Day), and it has a unique system of buyback and burns which will ultimately make this inflationary project, deflationary.
I believe this project has amazing potential because it aims to fix a problem that many new projects on BSC have, which is that they are unsustainable. Many new farming projects end up dying because people buy and dump after getting all the rewards, making it a race to become the first in and the first out. This project is aiming at long term growth and is backed by the amazing Growth DeFi team who are working around the clock to bring more long term value to the Wheat protocol.
The team has currently secured 2 months of marketing (youtubers, tiktok, twitter influencers) and are adding Venus, Auto, Belt, and more. I honestly think if this takes off as the biggest yield aggregator on BSC, we could be looking at a 100x or more from here.
Check it out here:
https://preview.redd.it/xc7gw9tbqex61.png?width=2439&format=png&auto=webp&s=6a14026edf860fcb9474e896a1710b62cf8a67b2
Hey, I have question, how do I strain/drain butter after cooking, so there's as little waste as possible? I use 250 g of butter, it's 83% fat, so after cooking it should be 250*0.83 = 208 g, but my yield is about 160 grams. I tried to eat some of the garbage with fried eggs, but it was impossible to swallow it. But it's holding the rest of my butter and I don't know how to get it out, please help! I know that some people don't strain/drain, they cook with the flower residue, but that would be super disgusting, no?
Thinking about 10 plants for about 2 month veg any tips or ideas in the direction to go
The goal when growing basically any plant is to obtain optimal growth and the best possible results come harvest. Cannabis is no exception. Any way we look at it, growing a cannabis plant to its true genetic potential is the key to a successful grow, and a successful grow is usually determined by the amount of end product harvested. In this case, that amount is measured by weight. For those growing for commercial gain, more weight equals more money since cannabis is sold by weight.
For someone growing for just personal medicinal or recreational use, more weight per plant means more end product that will last longer between grow cycles. Either way, the goal is to achieve as much end-product weight as possible and the best way to reach this goal is by growing the biggest buds the plant can possibly put out.
In this piece we will explore some of the most important parts of the growing cycle and how perfecting them can lead to great big buds and help a grower achieve a maximum yield.
Photoperiod
Cannabis is what we refer to as a photoperiod sensitive plant, meaning the plant’s growth cycles are largely controlled by the amount of sun or, more specifically, the amount of darkness it receives at a given point. Cannabis is classified as a “short day” plant. This means it requires at least 12 hours of uninterrupted darkness before beginning its flowering cycle. The exceptions to this rule are the ruderalis varieties that do not require a change in darkness hours to initiate flower. They simply begin flowering when they reach a desired point of maturity, which is why they are referred to as “autoflowering” cultivars.
Read also: Indica and Sativa's Lesser-Known Little Sister: Cannabis Ruderalis
Outdoors the change in darkness hours occurs after the beginning of the summer solstice, which occurs around June 20-22 each year. At this point the nighttime hours continue to increase until reaching the winter solstice in late December, when the process is reve
... keep reading on reddit ➡Almost zero transaction fees, no failing centralized nodes, the future of DeFi summer 2021. What's there not to like? Polycat.finance is one of the most tried and tested farms on Polygon, and pretty early on it started developing way beyond any simple goosecopy. Features:
Vaults
The Vaults are used to lock LP tokens in an auto-compounding contract that compounds once PER MINUTE and the profits are used to both buy and burn FISH tokens, as well as to acquire more LP tokens to increase your deposit. Currently earning over 3000% APY.
Farm
The Farm is currently FISH-MATIC only and does not auto-compound but instead generates FISH tokens as a reward at over 30,000% APY currently.
Pool
The Pool is a single asset vault where you stake FISH to earn more FISH. Currently earning over 6000% APY.
FISH Tokenomics
Max Supply: 3 Million
Emission: 0.8 FISH/Block
FISH is bought and burned by the fees from Polycat Finance. The supply is capped at 3M and it's estimated all have been minted in August. $FISH will take on a governance function and is also used for the new Initial Farm Offerings (IFO) function just announced.
The latest news update has been nothing but good news. QuickSwap has directly integrated a FISH-QUICK pool which is huge for FISH and allows the Vaults to compound FISH into more FISH LP tokens.
Audits and tokenomics can be read at their github.
BSC -> Matic Guide
- Get USDC on BSC from PancakeSwap
- Go to https://evodefi.com/bridge?token=USDC to Send your USDC to Matic
- Go to https://matic.supply/ if you need some Matic
- Go to https://quickswap.exchange/#/swap and swap your USDC for the desired Tokens (FISH, Matic)
- Go to https://polycat.finance/ and deposit your tokens in the desired contract.
Polycat.finance
Vaults
The Vaults are used to lock LP tokens in an auto-compounding contract that compounds once PER MINUTE and the profits are used to both buy and burn FISH tokens, as well as to acquire more LP tokens to increase your deposit. Currently earning over 3000% APY.
Farm
The Farm is currently FISH-MATIC only and does not auto-compound but instead generates FISH tokens as a reward at over 30,000% APY currently.
Pool
The Pool is a single asset vault where you stake FISH to earn more FISH. Currently earning over 6000% APY.
FISH Tokenomics
Max Supply: 3 Million
Emission: 0.8 FISH/Block
FISH is bought and burned by the fees from Polycat Finance. The supply is capped at 3M and it's estimated all have been minted in August. $FISH will take on a governance function and is also used for the new Initial Farm Offerings (IFO) function just announced.
The latest news update has been nothing but good news. QuickSwap has directly integrated a FISH-QUICK pool which is huge for FISH and allows the Vaults to compound FISH into more FISH LP tokens.
Audits and tokenomics can be read at their github.
BSC -> Matic Guide
- Get USDC on BSC from PancakeSwap
- Go to https://evodefi.com/bridge?token=USDC to Send your USDC to Matic
- Go to https://matic.supply/ if you need some Matic
- Go to https://quickswap.exchange/#/swap and swap your USDC for the desired Tokens (FISH, Matic)
- Go to https://polycat.finance/ and deposit your tokens in the desired contract.
You can read the article here : ⬇️
https://xtz.news/defi-news/plenty-defi-sustainable-yield-farming-on-tezos/
