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51172930 No.51172930 [Reply] [Original]

Over 400 Billion LUNC has been staked - Gone from 6.5T down to 6.1T in 48 hrs and the growth is exponential

When Binance enables staking surly it'll moon to levels unheard of

>> No.51172935

>>51172930
And their theme song is “Vegas” by doja cat
It’s literally meme tier magic in the making

>> No.51172943

>>51172930
Speak English, pajeet

>> No.51172957

>>51172930
>Everyone stakes
>Prices moons
WooHoo!!!
>Everyone installed
>Price dumps
STOP SELLING LE DIAMOND HANDS
>Everyone stakes
>Price moons
WooHoo!!!

>> No.51172961

>>51172930
Priced in

>> No.51173033

>>51172961
Priced out

>> No.51173286

>>51172943
His high-class idiolect is the chosen dialect of the aristocrats. Obviously, a shitskin like yourself working in the sewers wouldn't be able to comprehend it.

>> No.51174178
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51174178

>>51172957
Hi Tyler!

>> No.51175844
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51175844

Why would staking coins reduce supply? The coins aren't gone and in fact the APY they generate actually INCREASES coins outstanding.
This soudj2m8nds like fake news honestly

>> No.51177695

>>51175844
APY goes down the more are staked, and the unlock time is 3 weeks. Every unlock for transfer will be taxed.
Can transaction tax outweigh all staking rewards? No, but circulating supply going down by a fuckton will boost prices, which will lead to people being ok with APR going down further (because you earn less but it's worth more potentially)

>> No.51178690

>>51177695
>>51175844
Adding to what this anon says. If TR manages to successfully re-peg USTC, enable swapping and bring value to the chain the matter of supply will essentially fix itself.

>> No.51178994

>>51172930
>Staking is basically burning!

oh god, shibtards didnt learn, now its time for lesson 2?