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https://opensea.io/collection/zorbs-eth
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mike good ⌐◨-◨
@mikegood
asking for a friend.. but like, is the point to just dump on your holders when you think its reached its peak? Is that how artists make money? or am i missing something? Could have sold my shares for like .1 soon after mint, but now only .01 and going down... so just wondering what protocol is here for artists trying to use the platform to make eth?
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mike good ⌐◨-◨
@mikegood
@jacob @ccarella.eth maybe you guys can shed some light on this for me? Trying to 'get it' ... 💙
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Chris Carella
@ccarella.eth
I think we should absolutely normalize the creator selling their allocation to reward them for the attention they captured. I don’t use Zora like a trading platform but more like social media, so I can’t imagine trying to time the top but when I’m cruising my own profile or collection, feels totally right to cash out on pieces or partials whenever you want. You also as creator, get LP fees from trading. I’m approaching about $3K.
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mike good ⌐◨-◨
@mikegood
Gotcha, makes sense.. just making sure I wasn’t missing something here.. How do LP rewards work? Not fully getting that.. I see myself gaining additional tokens from buys.. but it’s just that right? Is there documentation on how this all works? I might need to do some reading. Appreciate the response dude 🍻
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