The project party of $RAY has been continuously repurchasing, and the circulating amount has been decreasing, with the target remaining unchanged at 10u.
$RAY ray's trading volume has already surpassed uni, and its revenue has also exceeded uni. Moreover, uni has no buyback mechanism and is continuously unlocking, while ray has a buyback mechanism where 12% of the transaction fees are used for buybacks. Compared to uni's market value of over 100 billion, ray is only 30 billion. Ray is clearly undervalued, and ray's development momentum is stronger than uni's.
$RAY Ray has repurchased 40 million tokens so far, especially over 25 million have been repurchased this year. Currently, there are only over 200 million in circulation, with 1.9 million newly mined each year. If the market continues, the circulation will become less and less.
$RAY Raydium's annual inflation rate is very low, and its annual buyback performs excellently in the DeFi space. Currently, the annual issuance is approximately 1.9 million RAY, of which 1.65 million is used for staking. Compared to the issuance of other popular decentralized exchanges during peak periods, this number is relatively small. Calculating this way, the amount of ray bought back and destroyed each year far exceeds the amount issued, belonging to a deflationary economic model.
$RAY Raydium's liquidity is divided into two parts: standard AMM pools and concentrated liquidity pools. According to Raydium's rules, the transaction fee for the standard AMM pool is 0.25%, with 0.22% allocated to liquidity providers and 0.03% used for RAY buybacks. The concentrated liquidity pool's fees are divided into four customizable tiers, with liquidity providers receiving 84% of the transaction fees, 12% used for RAY buybacks, and 4% allocated to the treasury.
It has been falling all the way. Look at the A-share market, which has been rising by 20 points a day for several days in a row! When will you be able to rise by 20 points a day for several days in a row?
For a banker coin like $REEF , all short sellers are fuel. As long as there are enough short sellers, the price will continue to rise. In the middle of the process, the banker will make a sharp drop to wash out the long orders that follow suit. Only when no one is shorting and there is no fuel, the banker will sell the goods and run away!
$REEF Don't play this, both long and short will lose. If there are too many shorts, the main force will burst into shorts, and if there are too many longs, the main force will plummet.
$REEF There are still people who are long? Who are they? The price has risen much higher than before the news of the delisting came out, which is obviously unreasonable!