4 ms·
Now everyone with USDC locked in the contract has a strong incentive to push the TITAN price above 0, in order to unlock their coins. OTOH everybody wants to du
by occamrazor 5y ago
Now everyone with USDC locked in the contract has a strong incentive to push the TITAN price above 0, in order to unlock their coins. OTOH everybody wants to dump TITAN at any price, but again only at a price >0. There should be an equilibrium where TITAN is valued exactly 1 tick above 0, if there is a concept of “tick” in TITAN.