Since the beginning of January more than 4mln Waves have

Question

Since the beginning of January more than 4mln Waves have

been released from the sc, if the current unlocking continues for another 2 weeks this will mean at least another 6mln will be unlocked.
Are we heading towards the biggest swap in the history (and future) of Neutrino, locking 10mln Waves in one go?
That will be one hell of a scroller🦆

#cryptocurrency #english #neutrino

0

01.02.2022

12 ответов

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Passive-But-Massive 🌊 (1 ➝ 2)

It will be better than you think. With instant swaps market maker can leverage very big chunk of waves held by SC. There is no limit other than his ability to acquire enough usdn from the market. We will see „syphoning done backwords” which will result in substancial expance of usdn supply. If you control waves price you can completely unlock this minting potential. Neutrino has to grow in supply few fold if we want to play in big league of algo stablecoins… and it has to grow really fast

0

01.02.2022

ŁĐ

Passive-But-Massive 🌊 (1 ➝ 2)
It will be better than you think. With instant swa...

"few fold" ?

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01.02.2022

Passive-But-Massive 🌊 (1 ➝ 2)

ŁĐ
"few fold" ?

Yes Sasha said threshold is 3 bilion so six fold and it cant take a decade since it is needed NOW

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01.02.2022

ŁĐ

Passive-But-Massive 🌊 (1 ➝ 2)
Yes Sasha said threshold is 3 bilion so six fold a...

why limit?

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01.02.2022

Passive-But-Massive 🌊 (1 ➝ 2)

ŁĐ
why limit?

Its arbitrary but sounds about right. We cant compete with any stalbecoin from competitors with only 500mil supply… current pace of issuance is way to slow (500 mil in over a year) imho we need to issue at least 1-2 billion this year to keep up with terra and others

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01.02.2022

Kas Sa Автор вопроса

ŁĐ
You don't know if this will happen, you're just sp...

No shit Sherlock, everything in this chat is speculation. Even the mods are speculating😁

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02.02.2022

Janes

Passive-But-Massive 🌊 (1 ➝ 2)
Yes Sasha said threshold is 3 bilion so six fold a...

i'd love to see that happen asap. but i wouldn't put too much weight on that. Sasha likes to bring up some numbers arbitrarily - remember 10B target for TVL till September (or something) changed to end of year - where are we now with TVL? not even close. that's just one example why i think Sasha's estimations are worth close to 0.

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02.02.2022

Passive-But-Massive 🌊 (1 ➝ 2)

Janes
i'd love to see that happen asap. but i wouldn't p...

This was not an estimation it is just the reality that we need way more supply and fast… if you say „i need to drink water within 3 days or i will die” its just the reality not the bet on your abilities

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02.02.2022

Janes

Passive-But-Massive 🌊 (1 ➝ 2)
This was not an estimation it is just the reality ...

yes but it's just a reality for neutrino - it can still fail miserably with that attempt and no one outside of this chat group will even notice that

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02.02.2022

Passive-But-Massive 🌊 (1 ➝ 2)

There is no other way bro. Neutrino wont matter if we stay at 500mil usdns. Sasha says 3 bil is good start and I agree but i think preferable amount is 5 bil. If we wont expand the supply fast waves based products wont be able to compete due to low tvl and liquidity. Thats a fact

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02.02.2022

Janes

Passive-But-Massive 🌊 (1 ➝ 2)
There is no other way bro. Neutrino wont matter if...

everybody here understands that. most of us here also placed our bets accordingly, Sasha included (at least he said he did).

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02.02.2022