April 6th, 2023: @Twitter has been randomly shutting down API access for many apps and sadly we were affected today too. Hopefully we will be restored soon! We appreciate your patience until then.
Rewards based on 0.75% fees
Paid in $Eth per holding 1M Tokens
5M Volume - $1,304.71 Per Month
10M Volume - $2,609.42 Per Month
20M Volume - $5,218.8 Per Month
50M Volume - $13,047.1 Per Month
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Keep in mind this is Non diluted yield paid in $Eth,
This doesn't take into account Rewards earned from the Mixer & FlashLoan Protocol Fees that will only add to these numbers...
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Rewards are also Not paid in its own token which massively inflates supply and dilutes rewards.
No staking required. Will be able to claim from the Dashboard that's being built currently.
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And Total Supply is already circulating, It'll be hard to acquire 1M token in the future imo, So a majority of fees will most likely be at full price
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Speculation:
Dexs already are on a pathway of doing more volume than exchanges, Take a look at this post from @IncomeSharks today.
1. Token Price of #0X0 rises due to demand of people who want to save on fees (acquire 1M tokens to save 50% on fees)
(keep in mind, if tokens were evenly distributed, you couldn't have more than 880 people to hold 1M tokens...
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(11% supply already bought back & burned)
2. People who buy #0X0 to Earn non diluted yield paid in $Eth
3. People who buy #0X0 due to the potential of price increasing due to #1 & #2.
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Marketing:
Marketing hasn't even started yet,
As you've noticed, to buy or sell #0X0,
Requires a 5% fee.
That fee (in $Eth) goes directly into a Marketing wallet that goes into effect soon
Marketing wallet today is at
$265,213.00
you can view it here etherscan.io/address/0x0000…
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Given this thread and breakdown, I wouldn't be surprised if #0X0 could work its way up to a
20-30M Volume on its dex.
which means at 1M tokens (cost of 8-9K today) Earn potential is $5,218 - $7,824 per Month or $62,616 - $93,888 per year per 1M #0X0 that you hold
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With that kind of potential, what would 1Million tokens of #0X0 be worth at that point.
Keep in mind on people also using their rewards paid in $Eth to buy more #0X0 to increase earning potential.
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Now Let's assume the low end 5M - 10M Volume
Earn Potential per 1M tokens is around $15,648- $31,296 Per year paid in $Eth
Buy 1M-3M #0X0 and you're earning someone's Salary paid in $Eth no matter what price #0X0 trades at
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This still imo creates a huge price mismatch of current price of #0X0.
Okay, so you get the point.
But let's assume risk.
Privacy Dex needs to be released & Volume needs to come to it
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So far the #0X0 Dev team has delivered on time without incident,
Kept its community updated and has delivered everything so far.
Now on Volume.
Dev team has a fat marketing wallet to use to spread awareness and drive volume.
With an incentive for holders, this would be...
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a driving force to raise usage.
Holders spreading awareness & usage = Drives more volume & price increase on #0X0
A Privacy Dex with a built in aggregator in a climate where privacy is more important than ever and Dex Volume on the rise to outpace Exchanges
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seems like a no brainer to catch on with rewards going to holders being icing on the cake.
With everything said, I wouldn't doubt to see a 20-30x + minimum on token price short to mid term
Speculation being a driving factor now and rewards further adding fuel to this.
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This is why I'm bullish, and why you've probably seen a lot of #0X0 posts in your feed, if you haven't yet. I'm sure that will change soon.
Honestly Wouldn't be shocked to see #0x0 do a minimal 20-30x + in price from here
Short to Mid term on top of giving non diluted yield rewards paid in $Eth
If you don't know what @0x0_Audits is.
Then this 🧵 should help.
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This Thread will focus more on the value Proposition of the token.
S/O to @CryptoHunterGon, I would've totally missed this one if i wasnt following him.
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One of the first questions I personally ask myself when speculating on a project is
How does buying / holding this token make me and others rich.
If that question cant be simply answered, then I move on.
#0x0 has the right ingredients imo to meet that basic requirement.