North Korean Police
@koreanpolice
First of all, I like @joonatan.eth and I appreciate how he communicates with the community. However, his words are sometimes inconsistent. I'm going to actively refute some of Jonathan's frequent claims. Jonathan: The price of $Social is easily manipulated. My Answer: Then tell the Market Maker you hired to increase the CEX liquidity. Isn't that an easy task? Jonathan: It's not us selling $Social, it's the people who claimed $Social from the airdrop that are selling and causing the price to drop. My Answer: Then why are you doing the same thing again by creating the S2 Airdrop? Jonathan: The staking that typical projects do is different from our staking model. My Answer: What you're doing is not staking, it's called an "Airdrop" Jonathan: When staking ends, users will sell $Social again, so there will be a dump. My Answer: Even without staking, dumping is happening continuously. Because you're developing things too slowly, the dumping will continue. Jonathan: There will be a good announcement so…
5 replies
0 recast
63 reactions
Joonatan | Phaver CEO
@joonatan.eth
Appreciate the feedback as always. Marker makers are there to facilitate the organic market and they can’t really help if someone is buying 60M tokens in a momemt and dumping them a couple of hours later. They are also not expected to absorb any larger dumping from their own pockets. Staking will be live before end of Season 2 and will be at the core of the future earnings and seasons as was already presented in the SocialFi roadmap weeks ago. Just setting up a staking pool and hoping people enter it will not change anything, it needs to be closely integrated in our entire SocialFi model. Spindl ads were not one of the announcements we have talked about, that was merely a routine feature update we have talked about since v1 of our whitepaper, the real ammo is saved for the bigger ones.
0 reply
0 recast
0 reaction
Filippo Amadio
@filippoamadio
so as you say someone with 200,000 dollars bought 60 million tokens did it have that kind of impact on the value of the token?
1 reply
0 recast
0 reaction
North Korean Police
@koreanpolice
Then it's really easy. 200,000 usd buyback and Burn, Phaver team It's easy
1 reply
0 recast
0 reaction