big cex. The locking mechanism sucks in even more liquidity and we already have none. Nsbt is not designed to be traded on high volume. But why the heavy unlock fees then? I don't get it.
Because waves team must own the majority of tokens so theyre making sure people dont want to stake so they get the majorit of fees
they also bought them in like december of 2020 at under $1 meaning no risk
It is easy: let people who re committed take decisions. It is a brilliant move, ensuring that people who take decisions will also have to live with it.
I don't see any brilliance in this tbh. But yeah, nsbt kinda is the backbone of the whole waves ecosystem. You can't have that run by short term thinkers. However, that's not how you would introduce decentralisation if you ask me
Fair point. But i guess the "short term" aspect is way more important here.
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