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$FIRE is a DeFi token generated by staking liquidity pool (LP). There is 0 pre-mining, and it is distributed completely fairly. It produces 1,440 tokens per day, with an annualized APR of 300%+.
However, $DIESEL not only breaks the vicious cycle of “mine, pick up, and sell” common to typical staking mining projects♻️, but also enters a positive “spiral” cycle with $FIRE 🌀.
Let’s look at the data📊:
1️⃣. Currently, $DIESEL has 11.5 million in gold reserves, and 90%+ of staking terms are 1 year;
2️⃣. Opened for trading for 12 days: $FIRE surged from 20u at launch to 100u, then fell back to 60u, and later climbed again to 90u. It is currently stable at 76u—neither falling nor stopping the rise;
3️⃣. Currently, the DIESEL/FIRE pool has 3,650 FIRE tokens, and the frBTC/FIRE pool has 1,267 fFIR tokens. $FIRE liquidity accounts for 56% of market value!
4️⃣. @mork1e released a FIRE output data tool, showing:
Total mining output is 28.6k tokens, with 12.5k already claimed and 16.1k unclaimed;
Total bond output is 5,093 tokens, with 2,346 already claimed and 2,747 unclaimed;
The above data shows: people who come to stake and mine $FIRE are doing so for long-term consensus. Staking for 1 year is long-term confidence. With a high annual yield of 300%+, if you mine tokens but don’t claim them—and if those who do claim then add LP in large proportions, bringing the pool up to 56% of market value—that is a long-term optimism toward the project, and also shows that these are long-term believers who are willing to contribute with real money. They are long-term thinkers who have seen into the future.
Tell me: if a project is made up of this kind of group of people, what will its development look like?
I can only say that the composition of holders has changed, the structure of consensus has changed— and the data already shows that this time is no longer the same.