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The Learning Pill 💊
@thelearningpill
Curating crypto alfa, insights and new projects so you can make it // Storyteller at @glasscade_xyz Nothing here is financial advice.
Joined January 2018
1K Following    23.3K Followers
Most governance tokens launch first and sort out revenue later, and holders often wait years for a fee switch (if one ever passes). @namidefi flips that order with ogNAMI and its design ties it to protocol revenue from the start: > Presale tokens stay staked through Genesis and earn 10% of Genesis swap fees > All net protocol revenue funds buybacks, and 5% of every buyback burns ogNAMI > Supply is capped at 250,000 with no emissions The last two points work together. NAMI holders take their share through a token whose supply d(3,3) expands or cuts every epoch, while ogNAMI holders take theirs through a supply that can only shrink, so each token's slice of the buyback grows as volume does. The part I find most compelling is that being early here as a ogNAMI holder enables you to get get paid from Genesis swap fees onward, and every buyback after that makes their position a larger share of a fixed pie. For anyone who wants a direct line to DEX revenue, this is about as early as that line gets.
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The ogNAMI public presale is now OPEN. Presale link below âŦ‡ī¸