Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
Goldshredder
on 28/05/2019, 17:58:17 UTC
Lending rates for Clam at poloniex currently around 0.8% daily..  Roll Eyes
Plus a single whale (not even a big one!) in this tiny market pairing, can instantly drop the value of Clams by 70% (like occurred the other day), or by any amount.  

When they are ready, and all their ducks are in a row (as the saying goes).  When their Lending profit peaks out.  When their mega-Shorts are ready to trigger.

The recent chart should be a clear indication to all traders, about the risk factor involved in over-staking here.