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@ryandcrypto yeah if the float is that thin any decent volume is gonna make it rip or dump fast makes the distribution question matter even more

@ryandcrypto Low float with high FDV is always a major red flag for unlocks. Checking tokenomics and vesting schedule before taking any risks

@ryandcrypto it's a veDEX, they have tokens being distributed each epoch for lp lockers. defillama has pretty good dashboard for this protocol x.com/eisharpy2/status/2086997…

@ryandcrypto a $5.5m mcap against a $189.5m fdv is doing some heavy lifting there

@ryandcrypto wtf

@ryandcrypto Read the docs my G

@ryandcrypto all that matters is it's going up only.

@ryandcrypto that float’s a ticking timebomb

@ryandcrypto Aero vibes

@ryandcrypto Most early holders locked their tokens as veUP. Buyers want to be early owners of the protocol and win a share of the fees. Checkout their docs and dashboard. FDV isn't gonna dump supply because of guage caps to prevent inflation like other (3,3) dexes.

@ryandcrypto it's a 3;3 thing, so i assume you farm tokens with LPing

@ryandcrypto x.com/imcryptochino/status/208…

@ryandcrypto As of rn it’s unsustainable We shall see what they will do in the future

@ryandcrypto x.com/juancena2027/status/2086…

@ryandcrypto wtf, that supply is tighter than my jeans

@ryandcrypto LP provider rewards for the most part I believe