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23256078 No.23256078 [Reply] [Original]

i cant tell im suffering from brain damage from being rugged to many times or if $xETH is really a guaranteed 20x

>> No.23256121

not anymore, too late now anon

>> No.23256173

>>23256121

but it cant go below 0.01 eth which is about to be $4

i dont see how this can lose

>> No.23256267

>>23256173

of course it can go below 0,01eth. Nobody knows how the deflationary mechanism will work when this happens

>> No.23256303

>>23256267

fine you're right it can go below 0.01 eth but unlike AMPL or BASED you dont lose everything for HODLing, and when people sell the supply constricts due to the transaction tax.

>> No.23256374

>>23256303

You obviously started this thread to shill xeth, not to ask questions about it

>> No.23256378

theoretically that should work the same way as a negative rebase shoudn't it? which brings the price closer back to the 0.01 eth till the supply matches the damand.

>> No.23256430

>>23256374
of course i started this thread to shill it, im stil genuinely curious if it was a good buy or not, and if i'm wrapping my head about how broken it is

>> No.23256466

This project is going to make many millionaires!! I know I will be one are you?

>> No.23256495

Unlike AMPL when you hold your market capitalization increases as tokens are burnt reducing supply when the price is low steaking will increase liquidity and there will be an automatic rebase % lag and sales tax increase or decrease depending on price, sales tax rn is 7.6% part going to liquidity pool and half burnt. The tokenomics incentivize HODLing and make it very difficult to swing trade and manipulate and again your market capitalization will increase ever time someone sells

>> No.23256529

>>23256495
exactly dude, i cant see how any downsides i wanna hate on this coin cuz the name gay and it looks generic af but i thnk they figured the formula out

>> No.23256591

It’s a savings account to potentially make 1% a day off of in the long run the deflationary mechanism will also be elastic with the price to maintain long term compound growth if you understand elastic supply you will understand how big of an upgrade it is from the pack