The flaw was the code: instead of basing the airdrop on the lowest sell order it should have been a 24h rolling average. Maybe this could still be changed. Or we move to a new token with the balances dropped to DVS holders before yesterday and the changed code. Not going to sugar coat it, I profited as well: is it just market capitalism or morally wrong to do so? I would support a new token with an airdrop to existing DVS holders which would mitigate the losses and make the project more sustainable. @dhedge
@tipu curate
Where can I find more info on this? I’ve only recently discovered Dhedge and am new to stacking it the past weeks. I assumed the increase in yesterday’s delegation payment was just based on the price drop? But it seems to be even higher increase so the supply increased also ? Let me know if there’s a more detailed post about it. Thanks so much!
Yes, delegation increased because price dropped by like 99% thereby also increasing the supply. It could stabilize again, though
So what’s this guys criticism of then?
I don’t expect a full summery from ya 😂but anywhere I can research more?
Why the 99% drop?
Because there were no more buys in the order book
But 99% ?
There was no event to cause 99% move? Just let her then normal volume?
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the morally wrong is one thing. nobody cares that. all these bot runners basically taxing, abusing low volume markets, and nobody cares, meantime in core it's a very bad thing for everybody, generally to Hive. actually abusing low volume markets fall in the criminality category. Of course, not here, but in traditional markets.
That's why so many people wait for De-Fi laws, what will be bad, but at least stop the similar actions without consequences.