egal

[egal @ulbdir]

@IntelScout If the other metrics are similar, why is the mc so much lower? Different tokenomics?

[egal @ulbdir]

@LineaBuild This project is already off with a very bad start. Run by the nile team who just abonded the nile dex within one week, destroying $100.000s of value of nile users. ngmi.

[egal @ulbdir]

@HarisEbrat @IntelScout @SonicLabs I guess this is done intentionally to keep the number of nodes low. The more nodes there are, the more difficult it gets to keep them all in sync and reach consensus while keeping the chain safe from malicious nodes.

[egal @ulbdir]

@iKILZ80 @SonicLabs @ShadowOnSonic @beets_fi @Equalizer0x @SwapXfi @FatFinger_Fun @SolidlyLabs @SilverSwapDex @0xDeFive @NaviExSonic @SushiSwap @MetropolisDEX @AtlantisOnSonic @flytrade_ @wagmicom @AmpedFinance @beets_fi because they are not running on massive token dilution

[egal @ulbdir]

@TheDonOfDAA @IntelScout Agree with this. Sonic is way to new to be considered safe and secure, thats why tradfi choose eth L2s. Institutional adoption is something to consider in a few years if the chain runs without incidents.

[egal @ulbdir]

@_CASPER_005 @AbacusFi @ThenaFi_ unfortunatelly this is pointless, the price of THE will go down more because of the massive token dilution. Maybe there is some profit in speculating that the peg goes up again, but this is high risk.

[egal @ulbdir]

@MarxBell @ThenaFi_ Might be true, but all of this misses the point completely: if you held $THE in q1 you are down bad. You need >300% apr just to stay even if the price goes down 80% in q1.

[egal @ulbdir]

@ThenaFi_ What is that supposed to mean?

[egal @ulbdir]

@RunemirQi @Dante03critic @AbacusFi @ThenaFi_ I am in the same boat. In hindsight, just holding THE without doing anything would have been the best ROI, by far.