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Strong doing lovely things. I can’t wait until August
What happens then?
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Strong doing lovely things. I can’t wait until August
What happens then?
What’s the issue? It’s reached the $2000’s before.Time discord going bananas
I was fortunate to get in via whitelist presale from Ape Kids Club’s raffle. Honestly the smoothest minting process and gas was extra low due to the minting window.ahhhh i’m not paying 8k for a pfp rn. stoked that you got in on the mint. was it a hard process?
It’s a bunch of teenagers in there who don’t understand crypto or how things work so they go balls to the wall with leverage and get liquidated and have no conviction during the heat. Time’s biggest risk is in its low quality holder.What's causing TIME to die in real time? Down more than 20%? Did somebody **** up?
We still don't know the full details yetcan y’all briefly talk about the decaying of the STRONG nodes that have been mentioned?
My money from my E*TRADE just cleared but with these announcements coming I’m wondering if I should wait or go ahead and get the node now.
We still don't know the full details yet
But for sustainability purposes, rewards for service 2 nodes will logarithmically decrease over time.
Nope, rewards won't just stop. The decay model is essentially something being put in place to decrease the rate of STRONG accrued per day, for sustainability reasons, after every 10 STRONG rewarded per node. From that point, the rate will continue decreasing some after every subsequent 10 STRONG rewarded for the original node, but the actual rates haven't been announced yet. As itshlittt mentioned, this seems to only apply to polygon nodes at the moment, which have been accruing more daily than a normal ETH node.So essentially the rewards will go down at some point, but the rewards won’t go away right?
Just to add to the good info already provided...
The general consensus seems to be that Poly nodes will continue to accrue faster rewards ( this is currently proven, they yield STRONG rewards faster than ETH nodes) but after your ROI, they'll start "decaying" their rewards to an undetermined minimum. Nodes will always yield rewards.
The current model with ETH nodes simply isn't sustainable, so if the Poly model is received well, I think we can expect ETH nodes to follow.
I'm long on STRONG. And if these proposals help sustain the project long term. I, personally, am all for it.
All of this is speculation of course... No one truly knows what exactly the plan is... But hopefully all questions will be addressed during this Saturday's AMA.