/biz/ - Business & Finance

>>	Anonymous Tue Feb 14 07:39:59 2023 No.53701837 [View] File: 194 KB, 1551x642, 6545645.png [View same] [iqdb] [saucenao] [google] >>53701782 Hence why I said "long term". Is there an updated distribution than pic related? This says nearly all 50mil will be circulating within 5 years

Anonymous Thu Jan 26 22:07:34 2023 No.53451498 [View]
File: 194 KB, 1551x642, veladistribution.png [View same] [iqdb] [saucenao] [google]

So let me this right, it has a $17m marketcap (based on 10m token supply here: https://arbiscan.io/token/0x088cd8f5eF3652623c22D48b1605DCfE860Cd704)), has moderately high token inflation (pic related) & no one knows whether the platform will do well since its not even launched yet? Even if it does take off, wouldn't this just be a repeat of dydx's slow price bleed as tokens are continually minted to incentivise usage etc?

What am I missing here?

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