Papa Wheelie
@papawheelie
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21 Followers
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In my opinion, the fc community is more tech-savvy than your average Twitter degen, so most people won’t fall for every hype cycle. At the same time, it’s like being a kid in a candy store—there’s always something new to consider, and limited funds make it hard to hold long-term attention. Social proof can help, but it also encourages herd mentalities that hurt long-term thinking when that proof shows trading vs holding. Ultimately, proper incentives for holding are necessary, or holders risk ending up far more in the red than traders. I like the burn idea, or even a long lock of tokens that are purchased from market with a portion of LP fees giving a slight boost to price and lowering the available supply. That way, over time this decreasing supply can be marketed, while holders hold, and naturally receive a yield in a sense due to the declining supply. 0 reply
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