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Showing 5 of 5 results by johnanthony888
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Board Announcements (Altcoins)
Topic OP
$BUND is launching a revolutionary staking platform at 10 AM UTC, 23th November
by
johnanthony888
on 22/11/2020, 23:04:28 UTC
$BUND is dropping their non-inflationary staking platform today, 10 AM UTC 23rd November.


I'm beyond bullish now after seeing their strong community talk about it on Twitter and personally going over all the details of the project.


Here's why you wouldn't want to miss out on this.


I love non-anon teams. DeFi products are responsible for a large number of financial assets. So it means a lot to have a face of accountability lead these projects. $BUND has Simon Lewis & Sid Bouziane leading the way.


Any past work? Yes. Elevate Health was started by them a few years ago where they even managed to received VC funding for.


This is bullish for me since it takes a professional to negotiate with VCs in this game.


Their new staking platform being released brings gamification in as a whole new way to earn APY.


Your goal is to choose a ‘bundle’ of cryptocurrencies that will achieve the best price-performance between the time you staked and the end of the 7 day staking period. More pools will be added in the near future. There will be no inflation and the supply will stay always the same. So the rewards from staking won't wreck the price. The price of the token won't be influenced by the staking platform.


Audit was successfully completed few hours ago by Solidity Finance. These guys are experts and even reviewed one of DeFi’s favorite projects (CORE).


The tokenomics involves a 97k total supply, from which circulating supply is just 72k.


Also, only sitting at 1 mil. market cap right now. Meaning it has a huge ceiling for growth. Both functionality-wise and price-wise.

Coingecko listing will follow the platform launch shortly after.

I'll end it with a little alpha - the largest holder of $KP3R is also the largest holder of $BUND. Can’t be a random coincidence but I’ll let y’all interpret that. He also didn't sell a dime from his stack until now.


Don't miss out on the platform launch and join the $BUND community lively chat on Telegram at @BundlesFinanceDiscussion.

Dextools link: https://www.dextools.io/app/uniswap/pair-explorer/0xed86244cd91f4072c7c5b7f8ec3a2e97ea31b693

Uniswap: https://app.uniswap.org/#/swap?inputCurrency=0x8d3e855f3f55109d473735ab76f753218400fe96

$BUND staking guide on Medium: https://medium.com/@bundles.finance/staking-guide-how-to-stake-your-bund-on-bundles-finance-37cb2eea1aca
Post
Topic
Board Altcoin Discussion
Re: PRIA - Inflation Arbitrage for Traders
by
johnanthony888
on 28/10/2020, 18:11:48 UTC
Nice concept but I don't see how it is sustainable, all these idea of burning tokens, deflation tokens I don't buy into it. The price would go up initially and then dump and if the community is not strong it to push the price up again, they turn to bagholders.

It's an experimental token with a great potential, but only time will tell. $PRIA already has a strong community in the background, you can check it on Telegram: t.me/defilabs_community
Post
Topic
Board Altcoin Discussion
Re: PRIA - Inflation Arbitrage for Traders
by
johnanthony888
on 28/10/2020, 18:05:38 UTC


Interesting project, so the inflation and deflation is automated and the rate is dictated by transaction volume? Pretty smart.

Isn't this susceptible to automated trading? Buy when supply high - sell when supply low as the price will be dictated mainly by the token supply mechanics.

Do you have any prediction on how long it takes for one "contraction" to execute?
[/quote]

Yes, it is susceptible to automated trading. Are you an algo trader? You may take a look into $PRIA airdrop system. You can set up automated strategies to arbitrage the airdrop. The duration of time for one contraction to execute is mostly dependent of the volume. More volume there is, faster the burning. After two weeks from its launch, $PRIA has burned from 100k supply to almost 84k. All this with daily volumes between 50k to 2 mil. So, my estimation, based on this, is that $PRIA can reach the minimum supply of the first turn in about 2-3 months from now.
Post
Topic
Board Altcoin Discussion
Re: PRIA - Inflation Arbitrage for Traders
by
johnanthony888
on 28/10/2020, 17:03:28 UTC
why from a newbie account?

Because I am really a newbie on this forum.  Smiley
Post
Topic
Board Altcoin Discussion
Topic OP
PRIA - Inflation Arbitrage for Traders
by
johnanthony888
on 27/10/2020, 23:11:14 UTC
PRIA is a fully automated and decentralized digital asset that implements and manages a perpetual ultra-deflationary monetary policy favourable to inflation arbitrage by market participants. In other words, this is a swing traders token that has been born right out of the elastic supply experiments of Ampleforth and RMPL. PRIA is an ERC20 token that is exploring beyond the concepts of hyper-deflation. As such, PRIA follows an unprecedented ultra-deflationary monetary policy that is fully automated. Macro contractions and expansions are fully dictated by the smart contract and trading volume. PRIA is based on a complex concept. It is a token based on game theory, with different turns (cycles) of burning/minting supply, with free perpetual airdrops and a few other twists, like the possibility of any holder to burn other holders wallets if they are inactive (25% after 35 days of inactivity or 100% after 60 days). Currently, PRIA is a small market cap token, just under 2 mil. $, so it has a lot of room to grow. You can find more details about PRIA on the main page of the official website.

Web: https://pria.eth.link/
Telegram: t.me/defilabs_community
Twitter: https://twitter.com/defi_labs_