What Is a Crack-Up Boom?

Gas prices here in America are on the verge of setting new all-time highs. The current annual inflation rate is around 7.5%, but many analysts claim the real inflation numbers are much worse. Due to a recent conflict in Ukraine, the western world has enacted economic war against the country of Russia. Russia is at war with Ukraine and the western allies are economically funding the Ukraine government.  America and its allies have sanctioned Russia’s oligarchs and seized their Western assets, effectively evicting Russia’s entire banking system from the global financial order. Russian banks can no longer use the international payments known as SWIFT to complete transactions, and currently, there isn’t an inexpensive financial telecommunication alternative for the Russians to rely on. Not to mention, due to the Covid-19 restrictions, supply chains have been under duress for several months leading into 2022.

If the status quo continues certain economies may experience a crack-up boom. This is described as a recession of the economy but also a downfall of a monetary system. This type of economic crisis is caused by continual credit expansion and price increases that cannot be sustained long-term. In the face of excessive credit expansion, consumers’ inflation expectations accelerate to the point that money becomes worthless and the economic system crashes.

The world will need other lucrative alternatives to hedge against the future economic climate. VaporFi is a cryptocurrency that is building an ecosystem around Decentralized Finance (Defi). VaporFi is run by a development team, but the cryptocurrencies community follows a decentralized governance model that makes the final decisions on the treasury funds. A VaporFi node generates a base reward of 1% of its value daily, distributed every minute. Also, the rewards can be further enhanced through two additional bonuses – the diamond hands bonus and the compound bonus.

Dimond Hand Bonus:

Tier System:

The current price of $VPND can be found here. Currently, it’s trading between $0.05-$0.07. It cost 1000 $VPND to create a node.There is a maximum of 5 nodes per wallet. $VPND can be bought at Traderjoexyz. There are 46,965 running nodes as of March 8, 2022. $VPND runs off the Avalanche blockchain and people will need a Metamask wallet or Trustwallet to interact with the VaporFi platform. The project’s current investments can be found at DeBank. Interestingly the community has already decided and bought a Bored Ape Yacht Club which has a pending offer worth around $17,000,000.

It’s a great idea at the current time to invest in alternative assets. For the near future investing in a VaporFi node is one way people can hedge against the rise in inflation and the decrease in the purchasing power of the dollar/euro.