Is there a risk that if potentially rosen token goes

Question

Ergo Platform

TheBig3D

Is there a risk that if potentially rosen token goes

up fast in price that watchers stop and sell of token instead and Rosen would be left with very few to no watchers?

#cryptocurrency #english #ergo

0

30.12.2023

4 ответов

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TheBig3D Автор вопроса

Rj
Most watchers like myself are for the long term. Y...

So rosen jumps to 4 dollars you woundnt sell anything? For the question would be what does watcher generates in rewards, if im getting about 1k rosen rewards in 24h im staying no matter what

0

11 месяцев назад

Rj

TheBig3D
So rosen jumps to 4 dollars you woundnt sell anyth...

You can just sell the accumulated RSN token from being the watcher and just continue to watch. If millions worth of USD are being transferred between chains then you earn hundreds of USD at current prices alone. Then at 4 USD RSN your revenue from it might rise to thousands.

0

11 месяцев назад

TheBig3D Автор вопроса

Rj
You can just sell the accumulated RSN token from b...

Just on the rewards, i believe that when you send a transaction on the bridge reward is calculated in usdt but paid in rosen, so rosen token price doesn't affect the fees, im i right?

0

11 месяцев назад

Rj · Accepted Answer

Rj

Most watchers like myself are for the long term. You don't lock up your tokens and ergo just to sell immediately. There's also a limited slot at 77. You can even sell your watcher id if someone is willing to buy it at a higher price due to limited slots.

0

11 месяцев назад

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