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P-

Would the Elrond foundation use funds to buy eGLD on

the open market to help sustain price and because they know long term it's a great buy? Just curious if that's something they would do. Both the foundation and the community would benefit, it seems

#blockchain #cryptocurrency #elrond #english
0

6 ответов

21 просмотр
OmniDev-

Lul

0
29.06.2022
xL-M | Everstake / Won't DM FIRST

Price isn't a primary concern for Elrond.

0
29.06.2022
P- Автор вопроса
xL M | Everstake / Won't DM FIRST
Price isn't a primary concern for Elrond.

I agree that it's not primary, but it is a significant concern of theirs. Beni has said that they don't want the community to lose money.

0
29.06.2022
xL-M | Everstake / Won't DM FIRST

I don't see how your suggestion helps. We may be in a protracted bear market. An artificial buy pressure wont help. It also would mean that Elrond would have to use their tresury (much of which, I guess, is in EGLD) to purchase EGLD. I believe that this would make them the primary coin holder. I suggest you stake EGLD and also avail of the opportunities on the DEX to increase your assets. The market will eventually turn.

0
29.06.2022
P- Автор вопроса
xL M | Everstake / Won't DM FIRST
I don't see how your suggestion helps. We may be i...

I'm staking, including with everstake :). Thank you for running the node(s) you do! Buy pressure always helps, but your perspective is appreciated

0
29.06.2022

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