Why this huge supply release? Will he ever return to

Question

Flow Community [unofficial]

Austin

Why this huge supply release? Will he ever return to

ATH?

#blockchain #cryptocurrency #english #flow

0

26.11.2023

16 ответов

26 просмотров

Austin Автор вопроса

Redallica
Nobody knows why such a huge supply 🤷‍♂🤷‍♂ Seems...

it's a shame

0

5 месяцев назад

Redallica

Austin
it's a shame

fully agree. a lot of potential, an interesting tech with the multi node architecture, good mainstream brands entering the Flow ecosystem, but 0 focus on the economic aspects. Therefore the Flow ecosystem is not really growing, and will blow up. Just give it some time

0

5 месяцев назад

Austin Автор вопроса

Redallica
fully agree. a lot of potential, an interesting te...

Do you say that FLOW will shine again?

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5 месяцев назад

Redallica

Austin
Do you say that FLOW will shine again?

I'm not good in making financial predictions. I'm just saying there is no basis for a healthy ecosystem, and it will blow up sooner than later

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5 месяцев назад

Austin Автор вопроса

Redallica
I'm not good in making financial predictions. I'm ...

I thought you meant it in a positive way

0

5 месяцев назад

Redallica

Austin
I thought you meant it in a positive way

I don't see any reason to be positive from a financial perspective. Just as an example other blockchain L1 are moving forward with economic decisions. No later than yesterday the Cosmos ecosystem (ATOM) has passed a vote to reduce inflation and lower the staking rewards. At the same time Flow foundation is seeing its supply getting bigger by millions every week and don't take any action. It has been the case since 2021. How do you want to see a flourish environment when you're hammered with such inflation ?

0

5 месяцев назад

Orion

Redallica
I don't see any reason to be positive from a finan...

Now finally all coins are in circulation as all unlocks have occured. From now on there will be reduced inflation. Perhaps it would be beneficial if there was a burning mechanism installed at some point but regardless of that soon as the demand in Flow blockchain picks up (say with the coming EVMs or/and NFTs etc.) then watch out..because $Flow's price is going to skyrocket no matter what you think

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5 месяцев назад

Austin Автор вопроса

Orion
Now finally all coins are in circulation as all un...

consider that NFT are now dead

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5 месяцев назад

Orion

Austin
consider that NFT are now dead

They ain't dead. You are just sleeping on them

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5 месяцев назад

Orion

Austin
consider that NFT are now dead

See superrare and superfamily nfts

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5 месяцев назад

Redallica

Orion
Now finally all coins are in circulation as all un...

There are no plans to reduce inflation in the short term. I encourage to look at the Flow forum and you will see that there have been 2 different proposals on Flow tokenomics this year to increase storege fee and transaction fee, but none has been put for a vote. I'm sure you know what you're talking about regarding Flow inflation: it's not coming from any tokens unlock, it is coming from staking rewards. All those who are thinking that anything will happen from a token price perspective are going to be big time disappointed ....

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5 месяцев назад

Orion

Redallica
There are no plans to reduce inflation in the shor...

So you say that problem with flow's inflation comes from 'staking rewards'? Dude...

0

5 месяцев назад

Redallica

Orion
So you say that problem with flow's inflation come...

yes

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5 месяцев назад

Luke Dumbo

It wasn't a "huge supply release", just an update to circulating supply. You can see more details here: https://flow.com/post/flow-token-circulating-supply-updates

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5 месяцев назад

Luke Dumbo

Redallica
fully agree. a lot of potential, an interesting te...

It's completely false to say " 0 focus on the economic aspects", especially when you're in the TWG. Don't get me wrong - if you think the TWG can and should do more/better, that's completely fair feedback and the Flow Foundation can action on that. But that's not how you're presenting it

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5 месяцев назад

Redallica · Accepted Answer

Redallica

Nobody knows why such a huge supply 🤷‍♂🤷‍♂ Seems just like the Flow foundation is in an auto destruction mode and don't take effective action to create a balanced financial ecosystem. This will blow up sooner than later

0

5 месяцев назад

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