$CHIP There are definitely actuaries inside USDAI.


If the opening is within the 300-500 million range,
For players who burn yt, the cost is about 600 million. If they choose to lock yt, then the cost corresponding to unlocking after 8 months is around 370 million.
For players who deposit funds, the cost is around 350 million. If they choose to lock yt, then the cost corresponding to unlocking after 8 months is around 230 million (including the yt cost).
Whether it’s the BOOST mechanism or the opening range, it makes large holders uncomfortable.
Dumping (selling) yt for large holders means losing money; locking yt now also leaves no real room to dump.
Large depositors can make some profit here, but not much, because there’s also the lock yt cost (if you don’t lock and participate in the ICO, there’s some profit, but based on the official dashboard, it isn’t much).
The happiest group should be the large holders in the deposit + airdrop camp.
To go for a squeeze, you need enough short-position counterparties, because currently CHIP is absolutely a high-control market.
No matter what, from the VC perspective, this is definitely a successful project—only a world where users who burn yt get hurt has been achieved.
CHIP-20.4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin