I feel like throwing up lol. They used AMP tokens

Question

I feel like throwing up lol. They used AMP tokens

to sell on the secondary market to fund their new protocol. Flexa has made limited traction? From the looks of it, they are slowly phasing it out, everyone jumping ship including Michelle. No one using Spedn or Flexa. Who is going to use Amp as collateral besides Flexa and dont come up with well any other protocol can use it if they want to lol. This is going to end up being like Compound but with the added benefit that they start clean, get to keep a signficant portion of tokens that werent airdropped and the ride continues. Zach didnt touch on any new developments besides letting the entire eth community know that in order for progress to be made they need to work together. Really talks about how much work is going to be required down the line and who is going to fund that work? Maybe push for a liquidity squeeze with having most of the tokens staked and they can get more bang for their buck if they want to sell? Everything screams red flag. You guys can ban me on telegram but I have been here for a long time and there is absolutely no clarity, no milestones, nothing, complete vaporware.

#amp #cryptocurrency #english

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27.02.2024

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XNocturnalxX · Accepted Answer

XNocturnalxX

Crypto is a fast evolving, and needs to adapt.

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8 месяцев назад

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I feel like throwing up lol. They used AMP tokens

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