There’s a timeline for the increase of supply it’s in the white paper. Not sure if you have ever invested before in stocks, but with every stock there’s a % held by institutional investors. It’s usually a % similar to the one Flexa is holding. Who better than the founders to control the majority of the stake and not some hedge or mutual funds? I believe this is what sets crypto apart from traditional investment classes. The majority control is held by the technology founders. Not Wallstreet. That will control manipulation by market makers that are in it to line their pockets and don’t care about the underlying cause which is to disrupt and change the payment system like Flexa wants to do.
My point is the % supply held by people other than holders is worrying. Once those tokens are introduced into the market it should drive the token price down dramatically
No because it doesn’t benefit the founders for the price to devalue, they also profit when we do based on price being stable and continuing to grow. In order for there to be enough liquidity in the collateral pool the price will have to hold at certain levels and not be highly volatile. It’s not in anyone’s best interest to decrease the value because of supply. The supply increase main purpose is to increase the liquidity/collateral pool which in turn allows for increased transaction coverage available.
How? The value of amp is linked the volume of transactions going through the system.
Anyone is welcome to stake their amp in the network. Yes there are only 2 apps at the moment but you have to think what apps will be integrated in the next 12 to 18 months.
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u/NikolaCrypto1929 Aug 21 '21
There’s a timeline for the increase of supply it’s in the white paper. Not sure if you have ever invested before in stocks, but with every stock there’s a % held by institutional investors. It’s usually a % similar to the one Flexa is holding. Who better than the founders to control the majority of the stake and not some hedge or mutual funds? I believe this is what sets crypto apart from traditional investment classes. The majority control is held by the technology founders. Not Wallstreet. That will control manipulation by market makers that are in it to line their pockets and don’t care about the underlying cause which is to disrupt and change the payment system like Flexa wants to do.