What is the thought process from converting percentage based threshold

Question

Celsius Community

Intrepidgains

What is the thought process from converting percentage based threshold

to 25k threshold. Doesn't this give incentives for whales to sell?

0

12.04.2022

3 ответов

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Xjeu

Nikola Markov
So realistically there can only be around 28,000 p...

Not really. Because whales or insitutions doesnt hold more cel than necessary. They prbably hold minimum cel for platinum, and sell the weekly reward they earned in CEL via swap or open market. I mean 30% more earn in cel is relatively cheaper than exchanges fee. Thats why you see cel price action has been stagnant for the couple of months

0

12.04.2022

Morpheus

Xjeu
Not really. Because whales or insitutions doesnt h...

That’s very smart. Holding on to excess CEL instead of putting that money into other cryptos is not.

0

12.04.2022

Nikola Markov · Accepted Answer

Nikola Markov

So realistically there can only be around 28,000 people that can hold 25,000 CEL?

0

12.04.2022

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