/biz/ - Business & Finance

Jk, I'll spoonfeed ya. This isn't the only reason, but some may have missed it. This is in addition to all the liquidity already locked.

""In the WP I detailed how 35% of the supply would go into the initial liquidity pool and the other 35% would be sold to the pool throughout Genesis.

After some consideration, 35% during that timeline would have too much impact on the market price of FLOW tokens. As a result, that is being changed to 10% over the course of Genesis.

The remaining 25% have been moved to a formal time-locked contract for 60 days.

Additionally, in order to completely eliminate and FUD or technical possibility of a 'rug pool', the vast majority of other non-circulating supply has been formally locked. Here are the full details.

25% out of the original 35% that was planned to go into uniswap is now locked here:
https://etherscan.io/address/0x2ced5bb2e0734d6f41dc91fa5f63060117e9ee0a

66% of total liquidity incentives are locked here:
https://etherscan.io/address/0x2ced5bb2e0734d6f41dc91fa5f63060117e9ee0a

80% of marketing/growth pool locked here:
https://etherscan.io/address/0xf797dbf406787fb6b31f4a906da05fb8e336e7fa

100% of my tokens are locked here:
https://etherscan.io/address/0x8bfa5a0a0658e2aea7d6486de405de31950e80fc

In total 4,935,139 FLOW are now time-locked for 60 days in addition to the 100% locked liquidity pool which is locked for 6 months.

After the 60 days, the amounts needed for marketing, liquidity incentives and everything else will be re-evaluated and locked again accordingly"

There ya go.

$14 in 60 days is, in fact, FUD.

We've given you everything... the time is nigh ... you can take the blue pill if you want, but Im glad I took the red