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29893775 No.29893775 [Reply] [Original]

No more staking rewards. FTM token just for tx fees. And when the whole point of the chain is cheap and fast... if the tx fees due to token holders becomes large, then the whole point of the chain is destroyed.

Valuation: $1bn
Earnings: $10.5k

PE Ratio: over 95,000

I sold, got out of this shitshow before people start realizing this. Even if fantom as a project does well the ftm token is doomed. Why else would the foundation sell 10% of supply to alameda?

>> No.29894601

>>29893775
You won't get in any cheaper, buy back in now.

>> No.29895101

>>29893775
is that real? what is its fake?

>> No.29895692

>>29895101
its real. search it in lobsterdao telegram.

>> No.29896072

>>29893775
Where do you think the funds to pay for staking comes form on other chains? Would you prefer the protocol print tokens just for staking even if nobody was paying?

>> No.29896181

I doubt governance would allow this

>> No.29896314

>>29896181
ANDRE AND THE FOUNDATION CAN OUTVOTE EVERYONE ELSE. ITS CENTRALIZED VAPORWARE

>> No.29896367

not selling.

>> No.29896380

a brand new fud, excellent. will enjoy my cheap fanties, thanks op

>> No.29896665
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29896665

>>29895101

>> No.29896716

>>29893775
>FTM

That sum tranny shit?

>> No.29896746

>>29893775
Where does it say staking is being removed?

>> No.29896765

>>29896665
good thing cronje is just a dev and technical advisor you fucking hack

>> No.29896789

>>29893775
Sell this bloated shitcoin for Union before prod.

>> No.29896827

>>29896746
>Delegation should be removed
>Andre Cronje
>>29896765
Dude Cronje is their only hope and reason why project is valued here where it is. Literally whole DeFi space jerks on Andre

Shill me next pump

>> No.29896901

>>29896765
hahahaha you cant have your cake and eat it too

Either andre is nothing to the project and then you accept this pump is just a scampump pnd classic and the team used it to dump on you (they did)

Or andre is the only hope this thing has and is god, and then delegations are gone and the ftm token is useless no matter what the chain does

Why else would andre sell 35 million dollars of ftm to alameda hahahaha

>> No.29896970

>>29896827
Andre put $4mill into liquidity farming on a little known lending product very recently. DUCK unit protocol.

Not sure how much it matters with the market crashing... Is a no name lending product even going to still be around next bull run?

>> No.29897126

>>29896970
>Little known lending product DUCK
On a portfolio threads i saw some anons hodling it.
Know 0 shit about it, market is going to be alive for the whole year anyway, we are just starting. And no one knows which projects will get traction but i bet it would be most shilled ones. Either from ytbers, Musk, or Cuban-like guys.
Im not comfortable with more than 500$ in moonshots like that for now but its worth trying anyway. Its a <100$ mill mcap project rn

>> No.29897215

>>29896665
But it is really his account?

>> No.29897329

>>29893775
What are you trading your ftm in for?

>> No.29897399

>>29897329
tethered up until stock market opens on monday, then we will see what happens. but ftm had its pump already and its over

>> No.29897947

>>29897215
Yeah i checked it online its @andrecronje and this account in LobsterDAO is the same

>> No.29898564
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29898564

wh-what do now fantom bros

>> No.29898673

Why did FTM crash so hard the last 3 days?

>> No.29898690

>>29897126
That's my take. I have a small bag. The devs (anonymous devs which is meh) are doing all the right things. Liquidity growing, burns on schedule, new rare collateral types added frequently.
We'll see.

>> No.29898741

>>29898673
because the network died. for the second time in 8 months. it doesnt work, and now big players are exiting while they can

>> No.29898785

>>29898673
Pump probably stopped because Node fud, check their Twitter.
Then people who were in ftm just for the pump just sold. Probably, also, market took a hit. When price pumps like that in a few days it needs to take a dump, pretty obvious
>>29898690
Nice, i cant diversify more and i have rbc as a moonshot that i bought around 2.5c so fuck it. Good luck bro