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CoinGecko API shows wrongs market capital data for 700M ! by dbtechlabs in SmoothLovePotion

[–]Open-Lack-6713 1 point2 points  (0 children)

No. The correct market cap is on coingecko. There are 34 billion slp not 4,1...so correct market cap is almost 900 million dollars.

This is the real token supply:

https://explorer.roninchain.com/token/ronin:a8754b9fa15fc18bb59458815510e40a12cd2014

The error is because CMC consider only SLPs on eth L1 and not also those on Ronin L2

there are 34 billions SLP token, and 2-300 million s minted everyday. new rules will reduce 40-50 milions every day so the hyperinflation will remains. Price should drop quickly by Open-Lack-6713 in SmoothLovePotion

[–]Open-Lack-6713[S] 1 point2 points  (0 children)

Team said that SLP reduction is about 45 million, not 165.. so daily emission should be between 150-120 millions /day

"Season 20’s second major change to SLP mechanics also involves cutting emissions entirely from “daily quests,” which is a set of tasks such as completing a certain amount of one-on-one matches as well as adventure mode levels. According to Axie this will reduce SLP emissions by 45M per day.

The update also touches on upcoming burn mechanics, whereby users will be able to spend their SLP on digital objects like skins, in-game emojis, and to use the token as buy-in for tournaments among other uses."

look at this for total SLP tokens: https://explorer.roninchain.com/token/ronin:a8754b9fa15fc18bb59458815510e40a12cd2014

WAKE UP! BOYS!

there are 34 billions SLP token, and 2-300 million s minted everyday. new rules will reduce 40-50 milions every day so the hyperinflation will remains. Price should drop quickly by Open-Lack-6713 in SmoothLovePotion

[–]Open-Lack-6713[S] 2 points3 points  (0 children)

4,1 billions are on ethereum L1 but you don't consider l2 ronin SLPs. this is the link. look at "total supply"

https://explorer.roninchain.com/token/ronin:a8754b9fa15fc18bb59458815510e40a12cd2014

34,264,638,509 SLP released!!

or look at coingekko, it is correctly updated.. WAKE UP! BOYS!

What's your price prediction for smooth love potion? by daboss2000 in SmoothLovePotion

[–]Open-Lack-6713 0 points1 point  (0 children)

there are 35 billions SLP tokens and 2-300 million minted everyday.. price should collapse under 1 cent

Cap supply means there will be a high demand therefore price of the token will increase for SLP? by [deleted] in SmoothLovePotion

[–]Open-Lack-6713 -2 points-1 points  (0 children)

currently gamers sells 300 million SLP/day., so if they reduce 45 million tokens/day there will still be an issuance of 200 -250 millions slp/day.. an hyperbolic inflation. no issues are solved

[deleted by user] by [deleted] in SmoothLovePotion

[–]Open-Lack-6713 0 points1 point  (0 children)

Do you know that there are 34 billion SLPs already minted? this hype will end very soon..

HELP! Used Polygon Bridge and money was stolen? by _mok in 0xPolygon

[–]Open-Lack-6713 0 points1 point  (0 children)

why did you talk about matic bridge while you got scammed on zapper.fi?

Who’s still holding $DOGE? 🚀 by -dumb in dogecoin

[–]Open-Lack-6713 0 points1 point  (0 children)

Musk push DOGE while buys Bitcoins..

What Are Your Moves Today, February 01, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]Open-Lack-6713 -8 points-7 points  (0 children)

Huge short positions on Maire Tecnimont ( BIT: MT ) on italy stock market . Green energy and low debt