Anons,
You already know about this project: it’s incredible, Scarce is a genius dev, loyal community, store of value narrative, high moon potential, future Uniswap competitor in Vader pools, formal code audit soon bla bla bla…
There's been some new burners joining and this post is for them to get up to speed:
1. Burning is the BEST WAY to acquire Vether. We are in the first emissions era, and it is very cheap to accumulate Vether by burning. DON’T BOTHER with Uniswap because no one really wants to sell this, and you will generally pay more.
2. Burning works by dividing the fixed daily emission by the number of eth burned. Therefore, DON’T APE in and burn shitloads. Best way to accumulate is burn a little every day.
3. Start burning to acquire Vether today because the first Era is ending on the 5th of January 2021, and Daily emissions will be halved.
4. Some seriously influential people are quietly involved in this project. It has one of the strongest Devs in the DeFi space secretly working on it and the store of value action + Vader liquidity pools will blow everyone away.
5. There will be massive interest in this (already 3200 $ETH burned), because it is not some knock off BTC on erc20 narrative, this has a completely new store of value mechanism (Proof of Value) AND will provide a platform to launch a suite of DeFi applications on top. The first one of these being Vader.
6. This will become the true BTC of DeFi with incredible functionality, based on robust utility as a strictly scarce store of value. You owe it to yourself to research this.
Best way to get up to speed is join the discord