ANVL tokens? And they reiterated that ANVL would not be for sale. So staking AMP is the only way to get ANVL
Anvil will be for sale when they launch the token after the snapshot date. They say Anvil team will not sell it meaning they will not do any presales or any sort to raise money. Once token is launched anyone can buy in the open market.
Since Anvil is only available through the claim, I think we may have to wait until the first tokens start to unlock for sales
Quick followup question, appreciate any input. How is ANVL valued? What would be the initial token price? Is there any organic price appreciation built into ANVL , similar to AMP?
Yeah good point. there's 100B Anvil tokens minted at launch, there will be 100B minus total staked (# of AMP tokens staked at snapshot) that wont be circulated until vesting starts. Unsure who will have custody of the rest that will be in circulation initially though.
Usually prices are determined based on supply/demand.
Ok, possible that there will be no initial value to token and over time may gain value if its deemed useful and has demand for it
The leftover from the initial claim will go to the protocol/team/community incentives
I wonder if the team will sell some at launch to create a market otherwise it sounds like diamond hands until June 2025 and very few tokens will be in circulation
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