After the previous issue of $AR , let's talk about what will happen to ar after February.
First of all, everyone should be aware of the token acquisition mechanism for ao. For those who are not familiar, there’s no need to look back at my previous posts; in simple terms: 1/3 of the ao tokens are airdropped from holding ar.
After the ao mainnet launch, only 15% of ao will be in circulation. Let's think from another perspective: if you were the founder Sam, who has built the ao narrative for an entire year, would you pump ao?
There are many benefits to pumping ao. Retail investors have very little ao in their wallets, and it is highly dispersed; on average, they hold only a few or a dozen. Pumping ao is equivalent to indirectly pumping ar because, facing high APRs, who wouldn't chase after it?
But there are also risk points. Given the current state of ao, its performance is far below expectations. At the beginning of the year, during the overwhelming promotion of ao, I publicly questioned it, and at that time, a bunch of people argued with me saying that ao's performance was the best in the universe. Who's getting slapped in the face now? Currently, the process still has scheduling issues under high concurrency, and the entire network remains centralized. It seems that no one is speaking the truth in the whole ecosystem; a small ecosystem is overwhelmed by political correctness, which is quite pathetic.
After the mainnet launch, these short-term issues are likely to remain unresolved. Even if ao skyrockets at that time, its actual value still needs to be viewed rationally.
