#NFT市场回暖
【Emergency Notice】【Emergency Notice】
THE Token Holders Must Read!
Can we still pump THE token this week? As everyone knows, this token is different from those previously listed on Binance. It skyrocketed right from the start, and the fees even turned negative. When the fees are negative, it generally means that large holders have more chips, and combined with contract selling, both spot and contract can profit together.
I think 4 dollars is probably the peak for THE during this period; it might be a bit difficult to go up again in the short term.
Currently, THE token is valued at 2.55 dollars, with a market cap of 155 million dollars, and a 24-hour circulation volume of about 300 million dollars. Some say it's 450 million dollars, but actually, that 150 million is locked for two years, and it's voluntarily locked by users. Once you understand it, you'll definitely want to lock it too. Some people don’t understand and mistakenly think this is a VC token. In fact, this token is guided by CZ in the background, aiming to reconstruct the BNB ecosystem with a big layout. Let’s briefly talk about this token.
THE token uses the ve33 model, which is called Flywheel 33 in Chinese. Unlike traditional DEX, the biggest feature of the ve33 model is that all DEX revenue goes to the ve33 holders who lock their tokens. This way, the token actually has returns, unlike uni and cake where the tokens are not very useful.
In THE, providing tokens for liquidity rewards you not with the traditional DEX LP tokens, but directly with THE. This way, there won’t be any impermanent loss, and the LP emission APY is still determined by votes from the lock holders.
Voting occurs every week to determine the next week's emission. Some project parties may want their LP's emission APY to be higher, so they might bribe voters; there’s even a “bribe” option on the voting interface. Therefore, voters earn from three sources: THE's inflation emission, trading fees, and bribes from the project parties. Currently, the weekly voting earnings for THE are approximately 300,000 USDT.
So when can we buy THE token? We need to wait until the contract fee rate for THE normalizes, or drops below 2.4 dollars, at the Fibonacci 0.618 level, before considering entering!
