Almost everything is pumping today, even $TAO and other $Render competitors, but $Render itself is crawling.
And it is entirely because of @JulesUrbach and the @rendernetwork team’s stubborn obsession with keeping minting alive. No scarcity. No deflation. Just endless supply and flat price action.
Render is a brilliant product with a powerful real-world use case, but this minting nonsense ruins it. I have said it over and over, if you will not remove minting entirely, at least slash it by 50% for new tokens. That is how you create scarcity and drive demand.
What kind of logic is this, making people buy RNDR at market to use the network, then minting back the exact same amount they burn? It is a self-sabotaging loop.
I have been patient with Jules and his team for long enough. The vision is strong, the use case is solid, but this minting model is pure madness.
If you cannot reduce minting, there is no point. I have made this suggestion politely for months, and it keeps getting ignored. Call this a rant if you want, but I am saying what everyone else is thinking.
You can always turn minting back on later if there is too much scarcity or if the supply needs to be balanced. That is a flexible, smart approach. Not this blind, constant minting that kills scarcity.
Jules, the community calls you Elon-level IQ. But quite frankly you don’t need Elon level IQ to understand the power of deflationary token. Understand that deflation equals demand. It is not rocket science. Stop pretending this minting model makes sense.
Wake up before you burn the very supporters who have kept believing in this project.
FFS Someone make them understand
@NEWRenderBurn @Cryptotobias_ @NEWRenderBurn@Rendoshi1
$RENDER fam, do not just like this post. Retweet it and make sure it reaches him.
I know the message is getting through, but we need to show real strength. Multiple retweets and multiple voices will make @rendernetwork and @JulesUrbach realize that the community has had enough.