[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 38 KB, 600x600, logo_original-600x600.png [View same] [iqdb] [saucenao] [google]
26424066 No.26424066 [Reply] [Original]

Staking you can lock your LGCY and get USDL in return, which is LGCY gas/stablecoin.

Staking has shown to fill up pretty fast. 70-80% of the circulating supply locked in staking. Think it dumps on release? No, it didn't when the Gold pool was released, it jumped 30%. Reason for that is:

Payout in USDL, which will have people buy more LGCY with the LGCY/USDL pair

Snapshot of price happens when the pool expires, meaning people can pump their own staking rewards

The last round of staking is done through Biki Exchange, a daughter company of HUOBI. Biki's CEO, Ethan NG, is the former marketing lead of Huobi and now a strategic advisor / partner to LGCY Network.

This is a pumping machine. I am pretty confident, once this staking round is filled, we will probably see LGCY on Huobi. Imagine what will happen then.

Anon, are you missing out on another quick 10x? 1c LGCY before the Q1 is over.


EXTRA

Supply cut by 78% - Team burns most of the circulating supply - wont exceed 21b tokens (was 100b)

https://lgcynetwork.medium.com/lgcy-network-establish-the-community-trust-initiative-c547c136eb68

Testnet around the corner, roadmap pushed forward over 1 year - dApps ready to start migrating from Tron to LGCY

https://lgcynetwork.medium.com/lgcy-network-roadmap-update-949d0ff6c4d5

https://lgcy.network/

>> No.26424371

>>26424066
you're bad at shilling
LGCY will 10x eoy tho