Public sale takes place Monday 22nd June at 9am (no whitelist/kyc, just buy on dex for ETH, DAI, or USDC). Price starts at $0.36 and increases 1.5% per every 500K sold ending at $0.57. Currently trading on DEXs at $0.70 (presalers sold some) in anticipation for the public sale being a complete sell out.
It's a defi DAO product collaborating closely with top names in the defi space to introduce a defi take on a money market, providing high consistent interest for crypto holders and providing off-chain liquidity to consumers and companies. Stake your ETH, DAI, or USDC (Coinbase listed as a partner already) and get 6.25% interest.
DMG is the governance token. Holders get to decide the fate of the DAO and get to earn the excess revenue (the money market earns 10-15% on the liquidity loans it offers and DMG holders get the remainder after the 6.25% is paid out). Holding DMG also gives the holder a stake in deciding which assets to grant liquidity to and therefore appeals to institutional investors.
There are 250MM DMG tokens, but only 25MM are being distributed in the sale. Coingecko have confirmed it will list with a circulating supply of just 25MM. That means a $100M market cap is $4. It's currently $0.70 or if you get lucky in the public sale it's $0.36.
With close partnership with Chainlink and future engagement with Coinbase and Huboi, as well as a confirmed investment from Tim Draper (drapergorenholm.com/blog/portfolio/defi-money-market), it's likely this will take-off and become the fully fledged money market it plans to be, likely to then far exceed $100M market cap.
Im planning to buy 50 eth worth of it as public sale will cuck us anyway by whales but I need to know if bamboo relay is legit to use. Uniswap has shitty volume.
Top kek, you brainlet 698,713 tokens at $0.36 Is still enough for everyone.
Parker Clark
some big dick whale is going to come and swoop in and pick these up for like $0.50 each and just swallow the full sale and re-list for $1.00 on uniswap. Easiest money of their life. Go to WETH - DMG, set to 36 and watch his money double in a day.
Colton Cox
>at 9am which timezone?
David Allen
>some big dick whale is going to come and swoop in and just swallow the full sale Unfounded claims like that, plus a poor vocabulary leads me to believe that you are probably a Ghost holder.
Jackson Davis
It increases 1.5% for every 86k sold you basturd
Carson Barnes
That was just the USDT market, and there's more than a full day to go before the sale even starts. Good luck with getting it for $0.36...
Cameron Hall
10+ eth in
Alexander James
Oh and also, only the first 500,000 tokens distributed are "supposedly" gonna be $0.36, but we all know the people who are paying higher will get priority, so none of those limit orders at $0.36 are gonna get filled.
Evan Ross
>That was just the USDT market, You do realise that I can see that..
I've looked at every market pair and done the math there is still enough unsold tokens for everyone to get in under $0.45
Jayden Bailey
Can someone PLEASE explain to me why I keep getting jipped buying DMG on uniswap?
Like I use super high gas like $2 worth per purchase order and yet I keep getting 10% less DMG than the current price. Yes I know about slippage. I have set my slippage to 2%. That does not explain why 8% is routinely stolen from me in the short 15 seconds it takes for my purchase order to confirm. I snipe orders so I don't understand how 15 seconds is not fast enough to get the current price of DMG. Are you telling me even with a fast 15 seconds to confirm my buy orders the price is rising against me by 10% every SINGLE FUCKING TIME? Bullshit! WHAT IS GOING ON? HELP PLEASE.
David Hall
If you are still buying DMG on Uniswap there is something wrong with you
Ryder Perez
pumping hard 3 dollar end of week
Levi Cooper
You faggots act like its 10x the public sale price. Even right now it's barely 2.3x the public sale price but considering the gas people will use in order to get that low price of 0.36 on Monday it's only max 2x from that price. LMAO. Meanwhile Compound has done a 6x in 2 days. DMG will 10x easily from 0.36 so do the fucking math you retard. 0.85 is a steal right now. You faggots weren't around during the 2017 bullrun. Nothing dumps during a bullrun. You only get pullbacks then the next leg is ready to go higher. Everyone knows in a bullrun you don't sell your tokens you buy the dip. COPE.
Nolan Green
If the 25 million supply averages for $0.45. That would only be $11 million dollars. You do realize that a single whale could buy up all of those coins for that price?
Noah Williams
>You faggots weren't around during the 2017 bullrun Yes I was. >Nothing dumps during a bullrun We are still in a crab market
You should KYS
Jackson Bailey
You need to buy very low amounts at a time.
Jordan Torres
Dumb fuck it was a crab market for the majority of 2017. The only fucking way alts run is when BTC is crabbing you dumbfuck zoomer.
Clearly you made nothing in 2017. Those of us who got into ANS early and say the ICO craze and made 200x in 2017 know exactly what fucking market we are currently in. Only dumbfuck zoomers like you will wait for BTC to break 13k before you proclaim it's a bullrun.
NEWSFLASH when we traders say it's a bullrun we mean an ALTRUN. No one gives a fuck what BTC does as long as it does not pump or dump. It can crab for eternity for all we care about. Meanwhile, we will continue to catch 5-10x on shitcoins while you tweedle your faggot thumbs.
COPE. SEETHE. FOMO in at $5
Jayden Hall
>tfw you bought the private sale and get to watch the plebs argue over who gets to pay 2x your buy in price
