$EGLD I bought $EGLD knowing its total supply was limited to 31M — that was a key reason for my long-term investment. Now they want to increase the supply, undermining previous expectations and making long-term holding much less predictable. #MultiversX #EGLD
$EGLD I bought $EGLD knowing its total supply was limited to 31M — that was a key reason for my long-term investment. Now they want to increase the supply, undermining previous expectations and making long-term holding much less predictable. #MultiversX #EGLD
$EGLD > I acquired $EGLD when I knew for sure that the total number of tokens was limited to 31 million. This was one of the key factors in my decision to hold the token long-term. Now, an increase in issuance is being proposed, which calls into question previous expectations and makes long-term investments less predictable.
$EGLD > I purchased $EGLD when I was certain that the total number of tokens was limited to 31 million. This was one of the key factors in my decision to hold the token long-term. Now, an increase in issuance is being proposed, which calls previous expectations into question and makes long-term investments less predictable.
$EGLD > I have been a long-term holder of $EGLD for over two years, patiently waiting for token unlocks. Recently, MultiversX proposed increasing the token supply beyond the original 31 million, introducing a small annual inflation (~9.5%) while burning 10% of transaction fees.
This proposal could significantly impact long-term holders and the token’s value. Key considerations:
Voting requires a quorum of 20% and ≥66.67% support to pass.
Large validators control ~33% of delegated stake, making their stance critical.
Community sentiment is mixed, with notable opposition from some long-term holders.
Stakeholders should carefully evaluate the implications and monitor the governance process before making decisions regarding their positions in $EGLD .
$EGLD Attention, holders of $EGLD ! I have held the token for over 2 years, waiting for the unlocking to finish, and have encountered a new proposal from MultiversX: to increase the token issuance above 31 million. A mechanism called "tail emission" with a slight constant inflation (~9.47% per annum) is proposed, with 10% of the fees being burned.
What is important:
The total number of tokens will no longer be fixed.
Voting requires a quorum of 20% and ≥66.67% "for" to pass.
There is already significant resistance in the community - many holders and some validators are against it.
Large validators control ~33% of the network and can seriously influence the outcome.
If the proposal passes, it will change the economic model of the network and may affect the value of EGLD for long-term holders. Be cautious and keep an eye on the voting.
$EGLD I have been a long-term holder of $EGLD for over two years, patiently waiting for the token unlocks to complete. The recent proposal to increase the token supply beyond 31 million, even with 10% being burned, raises concerns about the impact on long-term holders. Transparency and community trust are critical in such economic decisions. I hope the MultiversX team carefully considers the long-term implications for stakeholders.
$EGLD Shady move! Been holding $EGLD for 2+ years, waiting for unlocks to finish — now they plan to increase supply! Not 31M anymore, unlimited emission with 10% burned. Long-term holders get screwed. #MultiversX #EGLD #Crypto
$EGLD this is also a shady office! I held their coins for more than 2 years. I was waiting for the unblocking to finish. Now they say that the number in circulation needs to be increased. That is, it will not be 31 million. Instead, they will create an unlimited amount and will burn 10 percent. That is, they want to put all holders in a position of disadvantage. It's frustrating, of course.