I 100% agree - just trying to make a point.
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“Circulating supply” is made up of tokens held in accounts on the chain including those of all community members, exchanges, the Foundation etc.
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What are the team-level solutions for this critical situation we are facing? What is the situation with Stellaswap? Solutions need to be found.
Collators are already leaving,same like nominators.When all the projects with names like Eth, Solana, Avalanche, Near, etc. reduced their circulation supply, they condemned their projects to death, I understand.Let’s see when the Glmr price drops below that damn cent, how you’ll manage to financially support the ecosystem and salaries.
Your team managemant failed.Who knows what is the real reason that Stellaswap is not responding.Probably not for nothing.
Moonbeam Fundation should rebuy the token.I am sure that the team sold at bigger prices.To much money from Glmr went in Data Haven.It’s enough.
Amen Raus_George! Those in charge need to take action, it seems they are sitting on their laurels. Anyone with common sense who cares about the projects can see this needs to be done not only for Moonbeam but also for Moonriver. I myself proposed this for Moonriver! Both projects are good but we need real leaders stepping up, not lazy bums! Little tech upgrades will not carry these projects they are needed yes but wll not create growth partnerships or more exchange listings! Leadership needs to be more aggressive, not desperate, but aggressive and focused on growth and expanding liquidity!
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One word: 3AC.
You shouldve been here before you would know it. They gavd an insane amount of tokens both moonbeam both moonriver to 3 arrows capital who panicdumped them to try to cover their margins when Celsius exitscammed. Note: they even failed with that as they eventually got liquidated on their ETH holdings but this was the nail in the coffin for both tokens.