/biz/ - Business & Finance

>>28769057
In about two weeks judging by the current TVL. If staking reaches a floor of 51% (ie. it doesn't dip below 51%), then a sort of positive feedback loop will come into play, where every swing trade results in an increase to the TVL via reinvestment of dividends by the stakers. The locked supply will lead to price increase on the circulating supply, with every trade on the circulating supply leading to increases in the TVL. At current rate, it looks like that will be in about two more weeks. While the price has been volatile, the TVL has remained stable with barely a 2% dip. Currently, this is the most important metric for determining the value of ASKO. People that sold the bottom are going to be BTFO in about two weeks most likely. Only a 6% increase in TVL required for this to become apparent.