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52244610 No.52244610 [Reply] [Original]

Its the 35% inflation stupid
How can they buy a hyperinflationary coin and expect it to hold up?
220.000.000´a year ago
https://web.archive.org/web/20211104100742/https://www.coingecko.com/en/coins/avalanche
300.000.000 now
https://www.coingecko.com/en/coins/avalanche
Stop whining about the price retards

>> No.52244868
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52244868

72% of the supply is staked faggot, keep coping rajeet

>> No.52244943

>>52244868
By who? Roach freedman?

>> No.52244986

>>52244868
Because of the apy of course
But that means nothing since you can unstake
>Coping
Coping that i did not lose most of my money?

>> No.52245187
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52245187

>35.2% hyperinflation
>8.32% staking APY

where's the extra 26.97% being minted going to? Not to mention the APY doesn't even cover the inflation LOL. Eth has achieved the perpetual nuclear fission of cryptoconomics -1.27% Deflation and 4.60% APY for staking. No coin not even Bitcoin can match ETHs crypto economics it's unironically over. The flippening shall commence shortly and eth killers will evaporate.

>> No.52245262

>>52244610
Maybe you should look at the size of Avalanches various programs to fund growth. You are dismissing the amount of capital it has raised and the extent to which it is investing in the growth of its own ecosystem. This is normal among the new L1s, they don't have the advantage of being first to market like Ethereum.

>> No.52245355

>>52245262
This is a good argument and also the inflation is slowing down but until its low i wont buy avax
>>52245187
Based
>where's the extra 26.97% being minted going to?
I think minted go to >>52245262 but most is releasing tokens for their venture capital jews

>> No.52245399

>>52244610
Former avalanche employee here. No one at the company even understands this. Btw everyone is paid in avax which everyone dumps every quarter. Also they have paid shills on payroll, I literally met them in Barcelona, so expect them to patrol this thread.

>> No.52245605

>>52245355
> inflation is slowing down but until its low i wont buy avax

That is sensible, logically emissions should slow now. Another year of 35% seems unfeasible, major token unlocks are done, and another 35% would carry AVAX supply to over its 402M total supply (not max supply of 720m) already. Ava Labs must also be aware that people are using Inflation as a stick to beat them with as well.