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xZx

Re: lakers17 post# 2711

Wednesday, 06/29/2022 6:31:10 PM

Wednesday, June 29, 2022 6:31:10 PM

Post# of 7761
i want to see FOOK increase in price per token too, but the value of FOOK is in the reflections.

why buy FOOK if you don't care about those rewards? it's a high tax token, to generate reflections for those who own it. this is central to the whole thing. because if you sell your core, you take a 23% hit. who wants that?

based on recent telegram posts, it sounds like the price in presale will be .75

that means a $6K investment could create a 2% position, and that could yield $4600 a day in USDC. based on $1M 24-hr volume.

think my projection is too bullish?

okay, let's scale it down: 1000/4600 = .217

and .217 X $1M means if we had only $217K in dollar volume, a 2% holder would get $1,000 per day, just for holding FOOK.

check my math, i'm pretty sure i got it right.

you've probably checked out several of the avalanche ecosystem projects so far. most of them, no matter the business model, have lots of tokens to unlock and dump on the market.

not the case with FOOK. this is really an amazing opportunity, and that's why i'm pestering you. wink

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