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23521825 No.23521825 [Reply] [Original]

So yesterday I mentioned I was absolutely sure xETH team would introduce something to drive the price above peg;

>>23506304

Well this is what they implemented:

"Hey everyone. We implemented the 33% tax on sales. This is to slow down the sell pressure as we're way below peg. We apologize for doing this within a very short notice but I'm certain people who want the success of the project would understand this. This would be temporary as we try to drive back up to pegged value."

I'm very curious to see if we can stabilize above peg, hopefully this won't turn into a selling shitstorm above the peg price.

t.me/xplosive_ethereum

>> No.23521830
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23521830

Here is why you should buy xETH :
>Elastic supply token like AMPL but WITHOUT THE NEGATIVE REBASES
>Rebases occur when xETH's price > 0.01 ETH
>Rebases are compounding, so it's like a savings account but with higher daily returns
>Serves as a hedge if ETH dumps
>Deflationary tax decreasing the supply meant to PARTIALLY discourage sellers
>Price down a lot from ATH but lag decreased so bigger rebases at a smaller price.
>Team and community both are engaged and united in order to make this work. Dev wallet burned (another one happened) has of its inflated funds and will do it again in the future if needs be
>Get comfy in these threads (does not require buying)

Here's why you SHOULDN'T, or at least THINK TWICE :
>xETH is essentially worthless, if people don't try to make it last it won't be sustainable
>ANONYMOUS TEAM
>CODE HASN'T BEEN AUDITED BY A LEGIT PARTY (fixed soon™)
>NO VOLUME = DEATH
>SINGIFICANT DECREASE IN NEW BUY PRESSURE = DEATH

>> No.23521845
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23521845

xETH 2.0 still in development;

xETH 2.0 shortly summarized (it’s everything xEth is but much, much, much better):
>Automated Price Reactive Lag Rate -- It is a rate in which the lag automatically changes reactive to the price of xEth, taking into account psychological aspects of price, selling pressure & price pumps. This is a huge step forward to decentralisation!
>Automatic Price Reactive Burn Rate -- An automatic burn rate is just like the lag rate, but it’s how much of the transaction is burnt on sells (not buys!) so this is our mechanism in response to other projects negative rebases (+taxes).
>Mechanisms to drive above peg -- To top it all off we are working on an automatic mechanism to drive us above peg.
>Audit (huge imo) -- The code will be 100% audited by a 3rd party auditing company (yet to be selected but we have an idea of who).

>> No.23522666
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23522666

Don't worry anons, I am browsing yandre for more pics, running out now.

>> No.23523146
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23523146

>33% seller TAX under peg introduced.
It's actually a dynamic selling TAX.

>> No.23523582
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23523582

>> No.23523616
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23523616

Who's comfy?

>> No.23523698
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23523698

>> No.23523998
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23523998

>> No.23524146

ill bump for more pics

>> No.23524261
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23524261

>>23524146

>> No.23524583
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>> No.23524841
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>> No.23525100
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23525100

>> No.23525583
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23525583

>> No.23525851
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>>23521825
Im definitely not buying this shit but please don't stop making threads anon

>> No.23525946
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23525946

>>23525851
Rofl, dont worry anon.

>> No.23526222
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23526222

Atleast some people are comfy I guess.. feel free to bump so I can see some new shit aswell hehe.

>> No.23526326

More than comfy, bought in at 2.55$

>> No.23526457
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23526457

>>23526326
>2.55$
Nice buy in anon!

>> No.23526490

>>23526457
>>CODE HASN'T BEEN AUDITED BY A LEGIT PARTY (fixed soon™)

Any idea when the auditing will happen?

>> No.23526564

i couldn't care less about your meme coin
i'm just here for big anime boobas

>> No.23526612

2d > 3d

>> No.23526636
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23526636

>>23526490
>Any idea when the auditing will happen?
Nope, not really desu.

Btw I think this is one of the best pics I have, idk I really fucking like it.
>>23526564
>i couldn't care less about your meme coin
MEME? It's not anon :(

>> No.23526689

>>23526636
>one in the middle doesnt want to do this
>one on the far right is excited for this
>the other 3 just hope this is worth it

>> No.23526780
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23526780

>>23526689
Accurate.

>> No.23526806

Can’t wait for this to go back above peg, good times..

>> No.23526942

Best threads out there.

>> No.23527019
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23527019

>>23526806
>Can’t wait for this to go back above peg, good times..
I really hope so anon. I believe it will.

>>23526942
>Best threads out there.
Lovely ain't it?