While the information hasn't been closely guarded, we have yet to make the official post. However, I can say that we have a nice prediction that many people are going to like the market we release.
How come? All it seems Pal is turning into token for miners, what are these sinks? The strategy that relays mainly on miners and stakers does not seem complete. Could you please reveal more about the 'market'?
Their prediction market, was what he was referring to. Gambling on anything. That's their big "sink" for PALtoken.... that's it. They took away their faucets of using their tag, which will mean less PALNET tags being used. And they took away the faucet of talking and engaging with people in their discord server. So you have functionally ZERO faucets to use UNLESS YOU PAY for a miner or buy PAL to stake it.
Their Prediction market requires you to have 10,000 staked PAL tokens and they just functionally halved the ways you can collect PAL. Under 100 people have more than 10k PAL staked. I wonder who the vast majority of them are, and by proxy who the vast majority of the "Oracles" on dublup are, collecting all the "oracle fees" 🤑
" Under 100 people have more than 10k PAL staked. I wonder who the vast majority of them are, and by proxy who the vast majority of the "Oracles" on dublup are, collecting all the "oracle fees" 🤑"
You could have been one, but you dumped every bit that you received. Sorry that you don't like the changes.
I would like to know the answer as well.
While the information hasn't been closely guarded, we have yet to make the official post. However, I can say that we have a nice prediction that many people are going to like the market we release.
How come? All it seems Pal is turning into token for miners, what are these sinks? The strategy that relays mainly on miners and stakers does not seem complete. Could you please reveal more about the 'market'?
Their prediction market, was what he was referring to. Gambling on anything. That's their big "sink" for PALtoken.... that's it. They took away their faucets of using their tag, which will mean less PALNET tags being used. And they took away the faucet of talking and engaging with people in their discord server. So you have functionally ZERO faucets to use UNLESS YOU PAY for a miner or buy PAL to stake it.
Their Prediction market requires you to have 10,000 staked PAL tokens and they just functionally halved the ways you can collect PAL. Under 100 people have more than 10k PAL staked. I wonder who the vast majority of them are, and by proxy who the vast majority of the "Oracles" on dublup are, collecting all the "oracle fees" 🤑
" Under 100 people have more than 10k PAL staked. I wonder who the vast majority of them are, and by proxy who the vast majority of the "Oracles" on dublup are, collecting all the "oracle fees" 🤑"
You could have been one, but you dumped every bit that you received. Sorry that you don't like the changes.
Enjoy propping up that market nobody uses. I'm sure you'll abandon it just like lensy anyway.
No worries. Again, sorry about your butt-hurt.
good question, I would ask the same but you are faster :)