wouldn't be surprised to see this rocket from here, don't take my word for it - here's the txn
etherscan.io
uniswap.info
fact.finance
FACT just burned 90% of the supply
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i'm going to be honest with you tho, i have no idea what this token is used for. i just aped into the massive token burn. i think the devs are korean or something? if someone actually knows anything about this please shill me
Ill jump in with you. How big of a bag did you grab?
This baby is the ticket beyond the moon
just an ETH, you?
500 FACTS
When supply is reduced like this stuff always goes up. Sometimes it may take even a week or so but it goes up. I remember XOR.... It was15 CENTS! Somebody made a thread. Said hey they are reducing supply... only 300K total. Thought I should buy... Honestly not sure why I didnt. Watched it go to 1 dollar. Thought damn, should have bought... Its what 80 something now... Owell. I know I would never have held that long to get to that level but I still learned my lesson... So ya I bought 500 FACTS
glad to know another user is along for the ride, what's your sell target?
Idk. They cut 90% of supply and its what 2.5 something right now.. So maybe 20 bucks?
makes sense, i'll probably sell anything over $10
nice, They burned the supply less than an hour ago. howd you find this?
What's the current cap?
somebody mentioned FACT in a telegram yesterday, i was following up today after work and saw that txn on etherscan
desu i'm not sure what the circ supply is, lemme go find out
is the dapp supposed to work? I can't connect wallet
according to their telegram, 400k FACT circulation, so something like just under 1M mcap
i have no idea desu
Based. Well done user
Zig Forums has made me a lot of money, thought i'd give back if i could lmao
Idk guys just be careful
they released the "alpha" 3 weeks ago and you can't connect metamask
someone mentioned this on twitter (3 weeks ago) and they didn't answer
Appreciate it
i'll keep that in mind, might be a short term play
checked out their telegra. From them.
By wednesday 23/09 90% of the token burn is completed to get too a total supply of 1,5 million. Of this 1.5 mill there will be 700 k locked for rewards and 135 k in the team wallet so a maximum of 665 k fact will be the circulating supply (not taking in consideration staking)
Staking will go live within 4 days, it has been delayed a few days too get the contract fully auditted which is a good indicator of trust we can have towards the team.
By the end of the month fact will get listed on kucoin, and more marketing will be done (news of cmc marketing tomorrow)
Next month yield farming will go live and this will be done on their own platform with a cap of 10 000 yfact tokens which can only be earned by staking your fact. This great to negate price inflation.
after reading this im giong to buy more.
dont tell me reddit in on this before biz
old.reddit.com
not a bad summary imo
and yea, we're only half way through the token burn. nearly 8mil tokens and it'll come down to 1.5mil by next wednesday. hope everyone at least picked up a small bag
thats depressing...They are releasing their YFACT farming token soon, which you get for staking FACT, which should be live in a week... Plus they are burning total FACT supply by 90%.
what does all these blue IDs mean...
Why would it rocket if its just 1 of 50 million defi cryptos? Who cares about supply when there is an endless sea of other coins useable in its place?
t.newfag
Because of the way you can pay back your loan. Plus the farming aspect. Plus limited supply. Plus no team dump. Plus greed.
don't think another token offers 0% interest loans.
just read the link.
Thanks for the tip. This one looks legit as fuck.