Jon Commstark
@commstark
🚨 Burning tokens doesn’t affect the price 🚨 it’s literally a factual signal to the market that there is less supply than there was before News Flash 🚨: no one gives a shit about supply… your token isn’t BTC. It isn’t solving a supply issue People want market buy. Market buys push prices up and offer exist liquidity for whales Next time you earn money from a project and want to support the token ——> consider telling everyone when you will be doing your market buys with those revenues make that time consistent, to the hour, each month you’ll see less dumps mid month, and more stability for your token holders when whales want to exit Over tim token hders will be directly rewarded likea dividend payment TLDR; signal market buys
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Mark Carey 🎩🫂
@markcarey
What about (signalled) market “buy & burns”? Best of both worlds?
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Jon Commstark
@commstark
That works as well BUT I would still focus all market efforts on the buy portion of it In fact the burn is almost irrelevant - ppl would be just as happy if the dev bought and locked the tokens in the company wallet… akin to corporate share buy back … are you saying this will happen to $LB… or another markcarey token? Asking for a friend. The friend is me
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Mark Carey 🎩🫂
@markcarey
Agree, I often thought that buy and lock could be a better option. Or even buy and airdrop ( after a delay, which is basically a lock ) $LB is subject to interesting and unpredictable things in future … or so I hear 🤣
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Jon Commstark
@commstark
Oh my…. buy and airdrop is a cool idea 💡
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Mark Carey 🎩🫂
@markcarey
/streme is a token launcher that launches tokens with built-in streaming super powers and built-in staking rewards. We are always thinking about interesting token mechanics that could drive value to Streme coins…
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