The problem with current crypto market structure is that every player — from the largest venture funds to the smallest yapper — is playing a completely shameless short-term game
Andy
Andy24.7. klo 23.34
Celestia foundation & private investors announce a buy out the entirety of Polychain’s remaining $62.5M of TIA. Unlock schedule remains the same & they will be un-delegating their entire staked holdings and conducting the transaction ASAP. This comes after multiple weeks of FUD directly at Polychain dumping their TIA, to the tune of ~$250M. This very much feels like a ‘worst is behind us’ moment for the Celestia brand & team, which has been battered by FUD. You can start to see the light, amidst a horrific 18 month bear market. Spoke to John Adler on The Rollup TV earlier about the upcoming upgrades to Celestia, notably Proof of Governance and a renewed focused on tokenomics. Interesting times.
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