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$LBD | @LinkBasedApp - A Thread For Investors
> As we move past the very first (successful) rebase, I would like to develop a thread for investors on why I am EXTREMELY BULLISH
> For those looking a more in depth read, refer to my article: https://crypto-gambit.medium.com/linkbased-the-only-sustainable-rebase-protocol-4b9a2f6ff428
Thread
> As we move past the very first (successful) rebase, I would like to develop a thread for investors on why I am EXTREMELY BULLISH
> For those looking a more in depth read, refer to my article: https://crypto-gambit.medium.com/linkbased-the-only-sustainable-rebase-protocol-4b9a2f6ff428
Thread
Introduction:
> $LBD was launched at $600K MC through a fair launch with a seed round, presale, and public sale
> The team is doxxed and have huge reputations in both the Chainlink Community and Organization, so above all else be prepared to see some Marine migration
> $LBD was launched at $600K MC through a fair launch with a seed round, presale, and public sale
> The team is doxxed and have huge reputations in both the Chainlink Community and Organization, so above all else be prepared to see some Marine migration
Rebase Structure:
> $LBD's rebase is the 24 hr price average pegged to $LINK's (FDV)*0.1^10 (FDV - Fully Diluted MC)
> Meaning at each day at the same time price and supply will reset and change based on the percentage the price has deviated from the rebase level on average
> $LBD's rebase is the 24 hr price average pegged to $LINK's (FDV)*0.1^10 (FDV - Fully Diluted MC)
> Meaning at each day at the same time price and supply will reset and change based on the percentage the price has deviated from the rebase level on average
Rebase Cont:
> For ex. if the rebase is positive by 100%, the $LBD supply AND your position size will automatically increase as price resets to the rebase equilibrium level
> From there, each price movement will reflect with your updated position size > POWER OF COMPOUNDING
> For ex. if the rebase is positive by 100%, the $LBD supply AND your position size will automatically increase as price resets to the rebase equilibrium level
> From there, each price movement will reflect with your updated position size > POWER OF COMPOUNDING
Rebase Continued:
> Because the rebase is based on the average $LBD price of the previous 24 hours, this prevents last minute volatility to affect the overall rebase as well as a sustained price structure
> *One of the key differences in LinkBased
> Because the rebase is based on the average $LBD price of the previous 24 hours, this prevents last minute volatility to affect the overall rebase as well as a sustained price structure
> *One of the key differences in LinkBased
Liquidity Blackhole - Valhalla:
> *Another key differentiator for $LBD (seen in $RFI)
> 3% tax of all transactions goes back to the Liquidity Providers. That is beautiful in my eyes when it comes minimizing IL and LP support
> Valhalla is LIVE: https://linkbased.app
> *Another key differentiator for $LBD (seen in $RFI)
> 3% tax of all transactions goes back to the Liquidity Providers. That is beautiful in my eyes when it comes minimizing IL and LP support
> Valhalla is LIVE: https://linkbased.app
Security:
> $LBD was fully reviewed and passed audit from
@SolidityFinance before launching on Uniswap
> You can find the transparent report here: https://solidity.finance/audits/LinkBased/
> This in tandem with the team being doxxed and with reputable reputations should put investors at ease
> $LBD was fully reviewed and passed audit from
@SolidityFinance before launching on Uniswap
> You can find the transparent report here: https://solidity.finance/audits/LinkBased/
> This in tandem with the team being doxxed and with reputable reputations should put investors at ease
Networks:
> The team very obviously has connections within the $LINK community and while they cannot and will not endorse this connection, I personally believe it is there
> This also was publicly endorsed by @dao_duck incubator and one of the most well known in the space
> The team very obviously has connections within the $LINK community and while they cannot and will not endorse this connection, I personally believe it is there
> This also was publicly endorsed by @dao_duck incubator and one of the most well known in the space
Overall Outlook:
> I see an mix of the hype from $BASE $RFI and $YFL in this project that has shown its legitimacy through everything I have seen so far but with possible hype coming from the $LINK community too…
> I see an mix of the hype from $BASE $RFI and $YFL in this project that has shown its legitimacy through everything I have seen so far but with possible hype coming from the $LINK community too…
