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Who Really Controls a Crypto Token’s Supply? | Daily Crypto IQ
Live stream · streamed · runtime 1:52:45
Takeaways
Derived from the stream's auto-generated captions.
- Data center printed 89 billion stocks ripping 5% after hours with another 200 billion slapped on the market cap.
- A $20 million unlock directed towards users may behave very differently from a 10 million unlock directed towards early investors.
- Maybe we'll get a bounce there and go right through that 200 or that 200 will say you cannot pass and it'll fall over.
- A proposal that passed on August 24th reddes designated 546 million optimism tokens from an unused user airdrop allocation into a strategic ecosystem fund.
- It can also have a major unlock without causing immediate selling.
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