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/biz/ - Business & Finance

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>> No.21600022 [View]
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21600022

FLOW is a token meant to mimic a Bitcoin-like inflation slope. Except instead of miners getting minted tokens, the token holders receive them. Every year for ten years, the inflation rate diminishes until the total supply is static. It's currently in a special "Genesis Era" 60 day period of 1% inflation. Inflation "rebases" are compounding and happen daily (at 6PM ET) without requiring an expensive gas transaction, unlike similar tokens.

Starting supply: 10,000,000 FLOW
Liquidity is locked, and most of the non-circulating coins set aside for marketing and development, as well as the anonymous developer's tokens (500,000) are locked.

There was no presale. The initial price on Uniswap was about $0.20 - current price at this time is around $0.80 and yesterday FLOW was higher than $2.00.

Contract Address: 0xc6e64729931f60d2c8bc70a27d66d9e0c28d1bf9

Make no mistake, this is a /biz/ coin through and through. And it is being pushed heavily by /biz/

Earlier this morning the developer announced that liquidity mining is being tested on one of the testnests and is expected to release soon.

There has been no marketing yet outside of /biz/ and the Telegram group is incredibly active. I'm getting AMPL vibes from FLOW.

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