← Home ← Back to /biz/

Thread 60769272

3 posts 2 images 3 unique posters /biz/
Anonymous (ID: 8et4Et9F) No.60769272 >>60769309
Chaln Llnk Reserve
>unlock tokens previously created with a smart contract
>dump on an exchange
>collect fees in eth or usdc
>use the eth or usdc to buy dumped tokens back from exchange
>lock tokens back up in a smart contract called "reserves"

I can't be the only one seeing the circular logic here. They could just move the unlocked tokens into a reserve, hell they could just say their unlocked tokens ARE the reserve. But then they wouldn't be able to pull off this obvious financial scheme.
Anonymous (ID: T78qi01b) No.60769309 >>60769341
>>60769272 (OP)
It's a tool to show off their massive offchain revenue. The want to swing their big dick around with the hundreds of millions and/or billions (coming up next when Swift is live) that they make on a regular basis. They want to pump the token. This is my headcanon. Basically the end of the hiding strategy.
Anonymous (ID: q/oIXold) No.60769341
>>60769309
bingo