Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Forwarded from unfolded. DeFi
new Ξ yearly high: $4,000
breakout traders punished once again

this is an area of extreme volatility imo

won't touch leverage near 69k until it has properly been accepted
memes holding extremely well this dump

long bottom wicks with thic green body on some

meme szn continues here
traded this one with a few folks

insane day

should've held on longer

blue arrow marked where we entered from seerbot
🔥4
Forwarded from unfolded.
Spot Bitcoin ETF cumulative trading volume crosses $100 billion — link | tl;dr
Crypto Mumbles
this looks interesting deflationary token on base i aped some 0x4D1647162c517656Db1434FdfcBeaA8a8f4C4AA0 https://medium.com/@INT_Integer_base/integrating-the-flywheel-effect-with-integer-coins-economic-model-in-dex-ecosystems-b3711c914111
so from my understanding, currently every 16th sell is taxed with 1 INT which will be burned regardless of sell size

any sell tx that is >= 20 INT is also taxed 5%, any less is fine (sell in small clips)

as more tokens are in the LP, the burn cycle is reduced from every 16th sell, to 8th sell, to 4th sell, and to 2nd sell

essentially, the more people LP, the quicker the burn rate

currently, 10% of the supply has already been burned

its quite interesting because the team forces you to sell in small clips below 20 to avoid sell tax, which then increases the transaction count, accelerating the burn cycle

as a holder, you are incentivised to LP to increase the tokens in LP to accelerate the burn cycle

cool experiment, its like circle on base but only tradable in whole numbers and different deflationary mechanics