Or there will be arbitrage value like dexy for the token

And sold certificates as well.

(re @dadreboi : *So no lending any of those funds? The value li...*) Traditional banks give you some of their yield from lending. This inflates the token and uses game theory to entice users to lock up as much funds for as long as possible to capture inflation.

A protocol like this could surpass the market cap of the block chain it's on.

So based on my amount locked, I get a percentage of the token. That token can be traded on a dex, the cds can also be traded which allows u to pull out early without penalty

What gives the reward token value?

This is what I don't get yet.

Same. I’m tired tho.

Use comet lmao

The token is not like an lp since the deposit to the SC gives u a staking key.

Or token

its based on the tokenomics of something owned 90% by one dude, this is called a market manipulation ponzi scheme, it preys on uneducated people to lock up funds

Or erdoge

Ok. So we aren’t crazy. Ty.

He is proposing a fair game tho

Fair game in that it’s a SC?

(re : *<dΣathgripson> its based on the tokenomics of ...*) How about you read the tokenomics on the PDF?

And no one owns it?

Yeah

I think it is naive regardless of whether or not it has bad intentions

First come first serve

(re : *<dΣathgripson> I think it is naive regardless ...*) It's degen man.

(re : *<dΣathgripson> I think it is naive regardless ...*) People like you will never understand why a project like hex has $42 billion TVL.

(re @dadreboi : *So based on my amount locked, I get a percenta...*) Correct, except the open market determines how much your stake is worth :)

It’s essentially see who will fold first out of the pool. So people who can afford to hold will make out better.

(re : *<dΣathgripson> I explained it, it relies on un...*) Explain the rug pull mechanism. A ponzi scheme has an exit strategy for the founder.

(re @Dan / ដេនញ៉ូ : *Explain the rug pull mechanism. A ponzi scheme...*) The tokens? On an emissions contract?

Ur not in control of that either?

(re @dadreboi : *Ur not in control of that either?*) It's 100% decentralized and will even use the headless dApp framework. This means anyone can build a frontend to interact with it.

If tokens r centralized then that’s the rug.