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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 18 KB, 790x1073, pamp.png [View same] [iqdb] [saucenao] [google]
19473024 No.19473024 [Reply] [Original]

The concept of a 'price-reactive coin'
is brand-new so let me explain it to
you. When the price of the token
increases (in USD/BTC/ETH),
rewards are minted to holders based
on how much it increased and other
factors including volume. In this way
it's kind of like staking, but the
inflation rate is controlled by its price movement. The
longer you hold, the more rewards you get. If you sell on
an exchange or move your tokens around, you're charged
a fee that is burned and your stakes are reset (you
basically get shat on by the system). Rewards are minted
every day, but if the price doesn't increase. no rewards are
minted for that day. This incentivizes people to hold on
positive days, and to buy on negative days so the candle
turns positive and they get their rewards. It's designed to
be slightly inflationary, so transfers have between 1-4% of
the token burned to offset the rewards.

burns are incoming, price will skyrocket
in talks with bigger exchanges
social media shills making videos on them
$5 this summer

>> No.19473056
File: 1.43 MB, 1440x2603, Screenshot_20200519-064216_Brave.jpg [View same] [iqdb] [saucenao] [google]
19473056

Stop shilling scams.

Just BUIDL it.

>> No.19473189

>>19473024
Who would have known an infinite bull run could be programmed into a smart contract..
Amazing times we're living in frens

>> No.19473296

How is Pamp a Scam?

>> No.19474388
File: 17 KB, 121x128, fren.png [View same] [iqdb] [saucenao] [google]
19474388

>>19473056
buidl is great also. why not both?

>> No.19474539

The only coin not getting shilled to death. Proud holder.

>> No.19474710

PAMP is burning 2 million coins this week!
Not even on coin gecko yet.
Super early.