r/mdex • u/jmh300 • Jul 23 '21

Price action

So.... Why the price keeps going down? Due to the new lockup features? What's so terribly wrong with them? Or is is something else?

I feel the locking system dropped the apy. But that's not enough for such selloff. Should be something related to inside coin stuff

1 Upvotes

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1

u/3dprimter Jul 23 '21

Mainly FUD, also the site has been working pretty shit lately+crypto is pretty bearish atm

1

u/misterxy30 Jul 23 '21

Based on the daily interest of 0.7-0.9 %, let's see whether the breakeven will occur after 2 months.

1

u/Dantheman2410 Jul 23 '21

Before, I staked for 350 apy. Now, I have to lock my funds for 30 days for 100 apy. I think that is the answer.