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RE: Trying To Understand The Tokenomics Of The New 3Speak Network

in LeoFinance5 years ago

by locked forever it doesn’t mean that these tokens can’t be taken out of the pool. Just the only way to take them out of the pool will be by buying them, adding a new token in the pool.

Doesn't it sounds sketchy? Funds locked forever in a pool, but can be taken out some way or another 🤷‍♂️ it's too complicated

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No .... its basically equivalent to forever locked liquidity on swap DEXs, like Uniswap, Sushi, Balancer etc .... they already have billion in them ...

But you can pull out your funds any time from uniswap. By forever locked I understand forever, not until someone decides to

Not sure what you mean .... forever locked liquidity is forever .....on DEX or in this case SIP..... BUT that liquidity is still available for trading .... thats the purpose of it ..... If I go now in a pool that has forever locked liquidity and I buy the token X.... it is mine now, I have taken it out of the pool.... BUT I have put in token Y

Only payments in fir larynx miners and advertisements are locked into the sip. Normal users can stake and unstake to the sip at will like any other defi pool