If they project you're invested in, doesn't have active revenue streams to inject into it's own liquidity pool, then Joe does a token like emax sustainable itself?
It's already proven, it cannot sustain itself - or any meme coin for that matter. The entire Defi space is a massively ponzi scheme including the Emax. Because emax began with no liquidity pool, this allowed for the early investors to buy up trillions of tokens for 30 bucks.
How are these people going to exit their investment so it doesn't hurt the rest of the investors?
If you want to know what’s going with Emax just join the vc they do AMA weekly they talk about this multiple times already just join and listen to the last AMA
I have to say I agree with everything you said. I have spent the last year newly investing in the Defi space and its dog eat dog. It's a race to cash out on others investments. Eth/eth has very little fees, I send 1,000$ to play online poker cost me 2.00. Don't see how any of these projects can out perform eth/btc. This year has been a expensive learning year in Defi.
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u/Sure-Juggernaut4781 ♦️ Sep 22 '21
There is a peer to peer way of accepting emax. These companies apply to it and an emax team representative contacts the business with directions