02-24-2023, 06:25 AM
Making moons almost compulsory to retain makes it looks like a shitcoin from an Inve
<!-- SC_OFF --><div class="md"><p>If you plan on earning moons it is compulsory to hold 75% of the moons to avoid a penalty. Selling all your earned moons basically means no more earning moons in the future.</p> <p>No matter what reason are given it is very obvious this rule is implemented to maintain an inflated price that untimely benefits the whales.</p> <p>This sound like The squid game token <em>with extra steps.</em></p> <p>Whales and top earners can easily sell 25% of their moons every month and still gain significant money.</p> <p>Its promoting holding just so the price doesn't tank. Although it is said it is to promote governance proposals which make sense as they need certain threshold. But this looks like an excuse from the point of view of an investor.</p> <h1>It's just not a good look where prices are stable not organically but because its forced. This holding is not the same as investors holding because they believe in the project.</h1> <p>This just calls for a massive dump when the prices soar.</p> <p>Edit : I'm not complaining or asking for a change. But this is what I think the investors out of this sub would think. I'm getting downvoted to oblivion here</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Zepfeg"> /u/Zepfeg </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11a6wx4/making_moons_almost_compulsory_to_retain_makes_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11a6wx4/making_moons_almost_compulsory_to_retain_makes_it/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>If you plan on earning moons it is compulsory to hold 75% of the moons to avoid a penalty. Selling all your earned moons basically means no more earning moons in the future.</p> <p>No matter what reason are given it is very obvious this rule is implemented to maintain an inflated price that untimely benefits the whales.</p> <p>This sound like The squid game token <em>with extra steps.</em></p> <p>Whales and top earners can easily sell 25% of their moons every month and still gain significant money.</p> <p>Its promoting holding just so the price doesn't tank. Although it is said it is to promote governance proposals which make sense as they need certain threshold. But this looks like an excuse from the point of view of an investor.</p> <h1>It's just not a good look where prices are stable not organically but because its forced. This holding is not the same as investors holding because they believe in the project.</h1> <p>This just calls for a massive dump when the prices soar.</p> <p>Edit : I'm not complaining or asking for a change. But this is what I think the investors out of this sub would think. I'm getting downvoted to oblivion here</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Zepfeg"> /u/Zepfeg </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11a6wx4/making_moons_almost_compulsory_to_retain_makes_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11a6wx4/making_moons_almost_compulsory_to_retain_makes_it/">[comments]</a></span>