@cookiegamenft Very clever guys behind this game, but for me, it's like a slow rug, I would have to agree stay away. Unless there is a large influx of interest to purchase bakers, I can't see how anyone can get their money back here. Little to no communication from devs either.
@LadyofCrypto1 Do keep us updated, you are one of the few that seem to have a level head and calling this well. Sure to see some massive volatility today, I think in both directions.
@Manuelfdpereira@danielesesta Great ideas especially with regard to max leverage. Too many people getting liquidated because it's so easy to leverage. Max 25%. Extra rewards for longer holding also a great idea.
@LadyofCrypto1 I think there is are a couple micro cap Layer 1s worth a pop, some of them are so early, and have a decent chance of taking off if they can figure out their niche and get adoption. eg $LGCY , dropped c.30% after their main net launch this week. Staking op too.
@brianmosher99@GalaxyGoggleDAO Having been in GG and looking at others, to me, the only legit project is TIME, others with high APYs I think are unsustainable. GG ruined with liquidity issues which could be unresolvable. More coins than there is value in the stock. Check debank and dexscreener for stats. GLA
@CryptoSP1@cookiegamenft@TheCoffeeBlock What I don't get is, what happens when all the bakers are purchased, and if no one sells, how can more people enter the game and play?
@ClusterDAO @coingecko If you look away from the APYs, which change, the price, which goes up and down. And engage in the GG discord and have a deeper look into what is going on there, and you can probably see the reasons why people are interesting in putting money into this particular DAO.
@ab_abouda@SimonPellerin15@GalaxyGoggleDAO It's part of the process, GG just coming down from a massive APY boost which in turn boosted the price, now that boost is over, APYs down and price. But with more money locked in treasury, a healthier ecosystem, more investors, and a roadmap for future initiatives.
@GrowthDefi @avalancheavax Looks like a great idea in principal, but the instructions are not good enough, much more detail needed please, maybe a demo video of the staking process. Otherwise unusable for me, and I suspect a lot of others.