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Kieran Daniels 🎩
@kdaniels.eth
Kinda hard seeing people getting 400,000 moxie grants for a few hours of work when I paid $10,000 for 250,000 moxie on aerodrome to support the launch and it was immediately worth $4000. Now worth $1230. Very cool.
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Kieran Daniels 🎩
@kdaniels.eth
@betashop.eth is the plan to bleed the token out until vesting is done and then start supporting liquidity? Hopefully you guys bought tons of moxie for 0.00005 at launch so you can provide liquidity, cause no one else did and we are all rekt.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
what would you like to see done to support liquidity? we're working with a bunch of folks to plan and rollout a long term incentive program for lps shortly
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Kieran Daniels 🎩
@kdaniels.eth
I highly doubt anyone is going to LP for this, the token is spiraling and not a strong reason to accumulate. My question wasn’t sarcastic I don’t know how to fix the situation when everyone is dumping every day with no incentive to buy. It seems like the goal is bottom out the token price and liquidity and then reset the ecosystem after vesting, at the expense of people who bought prior.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
We are 100% focused on generating utility for Moxie Protocol and Moxie Fan Tokens The market determines the price This is the actual protocol mechanics at work
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Kieran Daniels 🎩
@kdaniels.eth
I mean you choosing to launch a “defi” project on some obscure CEX that literally no one had access to, allowing insiders to buy at 0.00005 and arb your entire community, is what determined the price. Now it’s just spiraling because there is no reason to buy. I do think moxie is interesting but I think the market is pricing in the value of the token and it’s going to keep plummeting because there is no reason to buy it and systemic sell pressure. Once it’s extremely low then the daily rewards will be more sustainable. Early adopters take the bag and the 5 people who used a random CEX made hundreds of thousands of dollars.
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JR ↑
@juli
Best thing to happen is it going below 10m FDV and then we can all buy in and celebrate when developments give a reason to hold instead of dumping and it goes up ✌🏽
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