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Bye-H8er

Can someone explain to me how HodlERG3 works? Is value dictated

by the amount of participants minting & burning?

If ERG goes down does HodlERG3 go down also?

#cryptocurrency #english #ergo
0

1 ответов

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DiscordBridge-

[@boostopasta] Hodlerg is a game play. When you mint hodlerg you are betting you can hodl longer than others, as upon redemption you are charged a 3% fee that is spread among remaining hodlers. So for everyone who redeems before you, you profit. I don't think hodlerg has a direct price relation to erg (unlike sigrsv for example), as the only way it can be changed is through swaps or potentially through burning. So all other things equal, the price of hodlerg will always rise as ppl move out of hodlerg into erg.

0
12.09.2023

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