6 Comments

When emissions happen exactly? Where can I read about the emissions and percentages and is that just supply related or it will drain value from tokens if you are a hodler for instance.. Long term.. You'd get rekt over time? If u can't lock it cause u need liquid..Weekly will happen 7 days after the 24th? So each week same day rebase day? Thursdays? So only veNFT will be safe.. Regular Holders will sunk?Damn.. Yeah I hope price will beat dilution for a while. But still some holders will suffer if they are misinformed. The rebase wont increase tokens in wallet except if VeNFT are generated then? So elastic only for lockers. Right? Circulating supply now is 20 to 25M? Right?A regular rebase is elastic on both ways.. Emissions increase tokens and dilute price.. That's not the case with solid? Where token supply will increase value will drop but tokens held will remain unchanged.. Hence just price drop?percentages on locking just for a week are very low also losing value unless locked for 4 years.. So by that, all one needs to do is unload and sell all its solid before the rebase and require them on a weekly basis to be able to "HODL SIMPLY WITHOUT DILUTION" u agree it works?

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Well done explaining rather complex subjects with sophistication and nuances, supported by facts and numbers. Keep it up!

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Now that it has launched (quite clumsily), what are you hearing regarding early LP providers of wEve on Solidex? Any financial restitution planned for those providers?

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author

As far as restitution goes, it has neither been denied nor confirmed. I do know for a fact that the veDAO team is pushing hard for it, however. Also, veDAO treasury has actually benefitted from this mishap. They've gotten a significant portion of SOLID and SEX rewards from other LP positions their treasury took up.

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Feb 23, 2022Liked by The Average Joe’s Crypto

Good article

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author

Thank you good sir

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