Yo son u tribbin $TRIB

I have read nothing but praise by people with over 110 IQ

People with low iq will not understand Contribute Token (TRIB) It took this board almost two whole years to wrap their minds with the understand of decentralised oracles what makes you think those few who do understand can be this comfy.

anons watch this, read the whitepaper, follow the breadcrumbs

youtube.com/watch?v=XqqM7uHmlLM

twitter.com/AdmiralTrib

Attached: comfy.png (359x632, 220.23K)

I'm confused about the claiming, it's always at 0 or a couple bucks max. Cause pajeets keep claiming, why? aren't they spending more on gas that the actual usd they're claiming?

When will it be enough for people to claim the thousands they are entitled to for selling?

tribtoken.com/
app.uniswap.org/#/swap?outputCurrency=0xe09216F1d343Dd39D6Aa732a08036fee48555Af0

yes brainlet, bots and pajeets are claiming thinking they're doing something, but in reality they're only driving the floor price up and more money locked in generating more revenue for hodlers. this is a savings account

so, there is no reason I should claim now?

yes but,, why am I a brainlet? I know that's what they're doing.
I'm asking when will it be enough for people to claim thousands? seems like a loooooong wait ahead...

Also, fuck you :)

what are you going to clam? 15 cents? duh

During 6 months from now trib will pull a YFI.

look, i'm going to try to explain as simple as i can
you buy in, 10% of what you bought goes into pool, you sell, 10% goes into pool, both are conTRIBute rise of the lowest floor, floor growing through every transaction that's made with TRIB, floor is right now at 0,83 i think. so even if everybody is selling, it will not go lower than 0,83. as a matter of fact even when everybody is selling the floor gets much bigger. meanwhile you earn interest for conTRIButing into the system.

Yeah I appreciate it but I think I understand now. "You" earn interest is not technically accurate, its more EVERYONE earns interest and one person gets to claim it at a time. Again, please correct me if I'm wrong.

I'm still hodling its an excellent project. The real long term value will come from TRIB price appreciation making the mounting interest claims more and more cheap for those who got in early. Unfortunately you still have to sell off a bit of your principal TRIB, but still an amazing idea.

Satisfying to watch the forever locked value go up as people sell

Got in before the GME the potential is insane. No idea why people were selling for less than x2

i have to mention that it's not really specifically YOU earning an interest but all the holders, and ONLY ONE can claim interest from the pool at the time. So far faggots claim like 70-100 USD and get small x1.5(gas included) with it, yet you should understand there is also 4-5 people at the time who try to claim and ONLY ONE is gonna claim. Everyone else who clicked claim button but collected 0 interest from emptied pool would just sell the tokens, burn their 10% and receive mUSD according to website ($2.79 by the time of my post). With genesis price being $2.9 and huge gas fees you're basically at loss.
>would there be huge interests to claim?
bots would deny any huge interest for easy 1.5x. It gonna continue until bots run out of supply though. With such limited supply it can happen in months.
>is the price gonna moon?
The way this shit is designed is that by burning tokens you raise your floor price, but you will also dump the regular price. Your only hope is that someone would want to MINT new tokens (there is a function for that) and i don't see anyone minting new ones still. Maybe once demand would surpass supply, we'll see it actually pumping with new tokens minted and then arbitraged on uniswap, who knows?

alright thanks for correcting me now i know

but why would a normal person that wants to yield apy from his stable coins buy in when bots are claiming all the interest?

this only works if people are buying in to push the price up, since you'll never beat a bot at claiming interest

the floor price lifts every time they claim.
imagine being this stupid to sell this at loss.

okay but im just comparing it to other protocols where you might be getting like 3-7% apy on your stable coins. no bot is claiming that interest. here you effectively get 0% interest and maybe if more people want to throw money in the 0% interest contract, the price will go up and you can then sell tokens for a profit

Because there is price appreciation on TRIB, you can't get that on your own stable coins. And the APY is constantly increasing because the aggregate principal is because of the 10% tax.

The only real concern with this project as far as I see it is that transactions on uniswap don't get the 10% tax(they can't claim interest though if they sell on uniswap).

yes, but getting in early is as good as buying YFI for $200. People will realizy this as floor price gets higher day by day, the fomo haven't even started yet.

That’s part of what makes this such a great project. It incentives hodling. You’re TRIB will be worth more a week from now as people keep transacting with the protocol, which means you’ll be able to claim more and more interest when you decide to sell your stack.

can you look at my question here?

It really is genius tokenomics. Its the best possible combination of a mint function and burn mechanism I've ever seen.

Could be a while. In my opinion the best recourse will be to sell off small portions of TRIB(these will get smaller as TRIB price appreciates) to claim reasonable sized bits of interest.

can be many factors why it's being claimed. people selling and thus claiming it, bots claiming it through the node. It's not a concern as TRIB benefits from every transaction.
There was $40 to claim 15 mins ago...it's only a beginning