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Moon-Knight

The reserve is dropping every day, it wont increase anytime

soon, the prop 20 will cause the apy to go down everyday?

#anchor #cryptocurrency #english
0

12 ответов

18 просмотров
alex-C 🇺🇦

maybe not 2 years. but my point is there's no rush to push a proposal that was just written 20 days ago. explore other options. discuss further.

0
21.03.2022
Gustavo-

Not Really! The way that is going right now, 400M yield reserve will least 4,5 months

0
21.03.2022
alex-C 🇺🇦
Gustavo
What do you propose to solve the problem?

@therealLuckyman are you online to join us in this discussionn

0
21.03.2022
Hype Ass-Deezy
Gustavo
Not Really! The way that is going right now, 400M ...

He means that Do Kwon said the yield will continue to be funded for the next 2 years. Meaning funds repeatedly added. Which is what makes these constant frantic proposals to save the yield a bit absurd.

0
21.03.2022
Hype Ass-Deezy
Gustavo
Where the money Will come from?

Probably something similar to the $10 billion they plan to use to buy bitcoin with. There's no reason to assume that a company that bought $2.2 billion worth of bitcoin in like the last 6 weeks, won't be able to fund the yield as claimed.

0
21.03.2022
LabanLuring-
P S
I don’t think Do ever said that

Indeed. That french named guy from LFG said something in those terms though

0
21.03.2022
P-S
LabanLuring
Indeed. That french named guy from LFG said someth...

but here’s the chaser https://twitter.com/Remi_Tetot/status/1504897198785503234

0
21.03.2022
Hype Ass-Deezy
P S
I don’t think Do ever said that

Whoops, apparently it was someone else from the team as per Citanul above.

0
21.03.2022

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