The team and the majority of the whales have decided to permanently remove the rewards for the benefit of the project and its investors.
We noticed that too much liquidity (BNB) was going into the rewards, which resulted in an exponential increase in the price impact that became increasingly negative for the evolution of the project.
It was necessary to adapt quickly to this, so we took our responsibilities and made a pre-show to talk to people who held more than 250,000,000 NXT. After a few minutes of discussion with them, the majority of them were in favor and quickly understood the interest of adapting to strengthen the liquidity pool of the project.
We therefore decided to return all the fees previously provided for the rewards, into the liquidity pool.
This action is intended to feed the liquidity pool with BNB, increase the market cap significantly and reduce the price impact as much as possible.
I hope you will understand this approach. We remain available to respond to each of you either on the chat or in dm.
The team and the majority of the whales have decided to permanently remove the rewards for the benefit of the project and its investors.
We noticed that too much liquidity (BNB) was going into the rewards, which resulted in an exponential increase in the price impact that became increasingly negative for the evolution of the project.
It was necessary to adapt quickly to this, so we took our responsibilities and made a pre-show to talk to people who held more than 250,000,000 NXT. After a few minutes of discussion with them, the majority of them were in favor and quickly understood the interest of adapting to strengthen the liquidity pool of the project.
We therefore decided to return all the fees previously provided for the rewards, into the liquidity pool.
This action is intended to feed the liquidity pool with BNB, increase the market cap significantly and reduce the price impact as much as possible.
I hope you will understand this approach. We remain available to respond to each of you either on the chat or in dm.
Thanks to all of you,
Next Token Team.
BY Next Token [ NXT ] Annoucenement Official
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Cryptoassets enthusiasts use this application for their trade activities, and they may make donations for this cause.If somehow Telegram do run out of money to sustain themselves they will probably introduce some features that will not hinder the rudimentary principle of Telegram but provide users with enhanced and enriched experience. This could be similar to features where characters can be customized in a game which directly do not affect the in-game strategies but add to the experience.
The SSE was the first modern stock exchange to open in China, with trading commencing in 1990. It has now grown to become the largest stock exchange in Asia and the third-largest in the world by market capitalization, which stood at RMB 50.6 trillion (US$7.8 trillion) as of September 2021. Stocks (both A-shares and B-shares), bonds, funds, and derivatives are traded on the exchange. The SEE has two trading boards, the Main Board and the Science and Technology Innovation Board, the latter more commonly known as the STAR Market. The Main Board mainly hosts large, well-established Chinese companies and lists both A-shares and B-shares.
