Moxie Official

I said some bad things

I expressed doubts about the profit adjustment of Moxie at the beginning

Higher profits in the early stage can attract people other than warpcast to come in. Although it will bring some early arbitrageurs, it can help to get out of the circle

Now the model of airstack has temporarily entered a strange cycle

- People outside don’t want to come in
- Moxie’s airdrop volume is large, and the overall price is pulled very low by the airdrop selling pressure

Originally, there were at least several benefits to providing arbitrage in the early stage

- There will be a 5% tax for each arbitrage, and each sale of fantoken can bring burning, which in a sense counteracts the number of airdrops. I thought the project party understood this matter. Now that the profit has been reduced, the number of airdrops has become a big problem. Although some people arbitrage before, they can resist selling pressure