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The creator of the protocol makes money because they issue 20% of all tokens to themselves, and then wait until later to sell it (once the token is in high dema
by cstejerean 9y ago
The creator of the protocol makes money because they issue 20% of all tokens to themselves, and then wait until later to sell it (once the token is in high demand).
- harryh 9y agoI don't see how that works either. People know that 20% is out there just waiting to move the market so that has to have an impact on spot prices which either means that buyers or sellers of storage (or both) are getting a bad deal. Again, why would they do this?