Discover and read the best of Twitter Threads about #metawhale

Most recents (3)

Someone asked a strange question about #MetaWhale earlier. I responded to it, but it made me kind of shake my head a bit. Because most questions regarding $MWG just need you to read the documentation. When you do if you are smart (and people who are reading this obviously are)
Will just get it. The question was this:

"Just like any volume token, your pitch is in your use cases. Please outline a use case that is beneficial towards the hyper-deflationary aspect of the token."

The question itself shows just how little they have read regarding #Metawhale
And it seems there is a new trendy buzz term "volume token".

Those of you who *HAVE* read the #MetaWhale documentation understand how one dimensional this questions is, when in fact $MWG is so much more.

Its pretty simple really.
Read 13 tweets
Why #MetaWhale #GOLD (aka $MWG) is one of the best places to park your memecoin moon earnings.
Everyone seems like an expert trader right now, during bull markets thats what tricks inexperienced people into gamblers ruin.
Watching the transaction history of $MWG, you can start to see smart traders who have taken advantage of the moon missions from memecoins parking profit into it. Why? Because they know that "profit" can be fleeting, on something that is backed by nothing.
The reason why it has any value at all is because of hype. Nothing backing it means that eventually the hype fades, or worse gets taken over by a few people who control the whole supply (This unfortunately happened to #dogecoin, even @elonmusk has commented about this)
Read 13 tweets
An interesting convo happened in the @defi_labs_ TG the other day (btw if you aren't in there here is the link: t.me/defilabs_commu…)

It was about $MWG in the terms of a superior form of #YieldFarming, and it really kind of blew my mind. Here is a thread regarding it.
For those of you who don't know many #defi projects have a "farming" component. The basics of this is you 'stake' (lock in) tokens and you get a 'yield', in the form of either reserved tokens from the overall supply, from a governance token, or from fees, or various other things.
Its very similar to oldschool #staking and #masternodes that were *very* popular years ago (and proof of stake is still very popular, #eth is even moving to proof of stake).
Read 13 tweets

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