You listened the other day right? Created by IC3 team that is now apart of Chainlink labs that is a solution for high gas prices.
Chainlink labs. Ari Jueles. 3.4m marketcap.
Gastoken GST2
Caleb Miller
John Sullivan
Ryan Martinez
Thanks for the tips the other day on this one. 1k unironcially If gas prices stay high.
James Ortiz
I think this will be used to blow up ethereum and have everyone convert to arbitrum or another chainlink solution. Thoughts?
Levi Cooper
Is it going to break ATH tho?
Caleb Nguyen
There's no liquidity and IC3 is holding most of them for a secret project. You're better off buying CHI instead.
Gabriel Sullivan
If gas prices stay high, then yes. People are going to start looking into ways to save money on gas prices. Not just people, but wallets,exchanges, defi products.
This will all be elevated quickly if the traditional markets start to go bearish and people start to look for ways to put their money to work in defi
Robert Ramirez
Uh oh looks like people are starting to catch on. Thanks for the link, haven't read that yet
Dylan White
Looks like someone already created a project to save money on gas and has a bot buying gastoken automatically. This is the beginning people.
Brody Taylor
Someone was fudding in the thread the other day saying token not needed and I fell for it. I didnt bother to stick around for the discussion lol I truly missed out fuck.
Brody Davis
I don't think you missed out user. IC3 holds a large majority of tokens and isn't going to dump on you. Just read the pic in OPs second post
Henry Hall
Do you mind spoonfeeding a brainlet? I have a few questions from trawling through warosu so far. How does this compare to Arbitrum and what about CHI, which is apparently some kind of fork of GST2?
Nathaniel Morgan
What is this? I saw a tweet but it got deleted. Are you creating that?
Aaron Brown
Nah I'm just lurking. No idea why he deleted it. Drill.finance isn't up either.
Gabriel Hill
If someone actually developed this...wow
Andrew Williams
twitter.com
>“Amber Group is one of the world's leading crypto finance service providers, operating 24/7 with a presence in Hong Kong, Taipei, Seoul, and Vancouver. To date, Amber Group has traded over $200B, with an average daily trading volume between $100-200M. In 2019, the company raised $28 million in Series A funding led by Paradigm and Pantera, with participation from Polychain Capital, Dragonfly Capital, Blockchain.com, Fenbushi Capital, and Coinbase Ventures.”
Daniel Fisher
Just bought some thx
Gabriel Watson
Unironically about to sell 2k link and and buy 143 gas which would make me a top 20 wallet.
>Cornell tech
>Chainlink labs
>Fucking Ari Jules
Yeah this is gonna blow up, thank you OP for making a thread on this.
Ryder Allen
unironically not. someone minted over 8k of these badboys earlier this year, distributed it to a few dozens wallets, and sells whenever it gets close to $200
Justin Sullivan
>Minting
>Sells whenever it gets close to 200
You're such a nigger
Jordan Ward
It just did
Eli Ramirez
Christopher Ortiz
yes, this is an implied risk. Yet communist ETH devs have had 2+ years + the 6 months prior to gastoken's launch where IC3 disclosed this exploit to the ETH Foundation and still have done nothing about it. They're REEEing on twitter as we speak
Christopher King
Josiah Parker
And how long as staking been on their slate?
Jacob Adams
By using GST2 we are speeding up development of Eth2.0. We will blow up eth1 while getting rich holding GST2. Get wrecked vitalik
Daniel Reed
What the fuck is going on. So this is like turning Ethereum into Ampleforth? Wtf is happening amymore hahahaha
Isaac Lopez
Does anyone else think that Ari and team knew this would be an issue with high gas prices and stuff and developed GST2 to one day be able to force something to happen, wether speed up eth2.0 development. Or maybe even have a solution ready (arbitrum?) That everyone will have to move to?
Jonathan Smith
Could you explain the difference between gst2 and arbitrum? Wouldnt arbitrum render gst2 useless
Josiah Morgan
Fucking read faggot
Jordan Carter
Chi gas token is built based on this
Samuel Rodriguez
Yes it would. The price of GST2 would be astronomically high if people still used ETH1. It's a timing play bc yes GST2 is a solution for ETH1 high gas prices
Josiah Harris
Yes they are similar. And if one succeeded, the other will also benefit as well and appreciate. They are pretty much tandem now
Bentley James
Ah I see. Im looking forward for arbitrum but i guess ill check an eth or two into gst2 for the sole reason of ari being involved.
Luke Cruz
>And if one succeeded, the other will also benefit as well and appreciate. They are pretty much tandem now
How so?