/biz/ - Business & Finance

Daily transactions have been climbing at a solid rate since the beginning. Up 2.5x from 1 year ago today.

If this keeps up, we will see 250k/day at the end of the year, meaning the staking APY will be 20% and the burn rate would be 4.5% (because they come entirely from the tx fees)

But, as more clients on board and the network starts to legitimize itself, we might start to see this linear growth turn exponential.

And LTO continues to flow out of exchanges and into leases. n
Now over 130million are staked, and growing. As the txs/apy climb, so will the amount of leases since people will jump on, cause a larger outflow of coins from exchanges

This will eventually squeeze the exchanges and cause an explosion in price.

Traders don't give a fuck about staking or burn rate, so they don't know this potential, keeping this coin undervalued.

Its starting to snowball, either get in at the top of the hill, or get in at the bottom