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/biz/ - Business & Finance

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21359070 No.21359070 [Reply] [Original]

So the problem with YAM involves the rebasing function creating way too many tokens. But wouldn't it be possible to save YAM by going through enough negative rebases to diminish the token supply? I don't see a reason why we couldn't regain control of the network after some strong negative rebases. Someone correct me if I'm wrong, but it seems like the best shot right now (other than waiting for YAM 2).

>> No.21359112

>>21359070
nah it won't work :/
the problem is with the way the treasury is rebased

>> No.21359149
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21359149

>>21359070
No Anon you literally lost all your money.
Now you are asking how you can buy lose all your money 2.0?
Are you fucking retarted?

>> No.21359211

>>21359149
I'm not asking how to buy. Literally the opposite - I'm saying that intentionally driving down the price and diminishing the supply could undo the problem at hand

>> No.21359217

>not just buying xamp