Steady Lads #50: Who Do We Blame This For?
Steady Lads
Tokens Are Meant to be Sold
Cryptocurrency tokens, including newer ones like Arbitrum, have a primary purpose of being farmed and sold rather than held long-term. Arbitrum has initiated grant giveaways worth hundreds of millions of dollars in on-chain incentives since March, encouraging users to stake their USDE to earn tokens. An example is farming ethfi, which has experienced a 50% decrease in value due to an upcoming airdrop in four days.
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