Discover that CZ and the first sister have respectively forwarded posts containing the $Jager tag, boldly guessing that both bosses support Jager, after all, Jager is the smallest unit of BNB, and the Jager community uses "BNB $100000" as its slogan.
CZ may prefer projects that have a sense of design in mathematical models.
Brother Bee still holds the Jager airdropped before, and bought a bit at a low point. During the holding period, dividends were received. This dividend comes from the transaction fees of Jager.
➤ "Risk + Stability" Combination Dividend Mechanism
Holding more than $146 billion in the wallet allows you to receive transaction fee dividends.
Half of the dividends are in $Jager, while the other half is distributed in the form of $JagerBNB. The design of $JagerBNB is also interesting, always equal to one hundred millionth of $BNB, because the smallest unit of BNB is called Jager.
In this way of distributing dividends, half of the $Jager is given to users, who can obtain risk premiums from price fluctuations. The other half of $JagerBNB is equivalent to a stablecoin based on $BNB, providing relatively stable dividend income.
➤ The Decline Cycle of Coin Price and Dividends and the Rise Flywheel
This dividend mechanism of Jager feels a bit like AMPL from years ago, although it only feels somewhat similar, the mechanisms are different.
Back then with AMPL, when the price fell, the coin price dropped and the amount of coins held also decreased, leading to a death cycle. When the coin price rose, while the amount of coins held increased, it entered a rising flywheel.
In Jager's dividend mechanism, when the coin price falls and trading volume also declines, it enters a decline cycle. But it is not a death cycle, because when holders sell their $Jager, the number of people left to share the dividends becomes fewer. So there will be people buying $Jager at the bottom range, which will start to increase trading volume, and the dividends received by holders will also increase. Gradually, as the coin price rises and trading volume increases, it will begin to enter a rising flywheel.
The trading volume in the chart below shows the process of $Jager transitioning from a decline cycle to a rising flywheel.
In fact, everyone holding Jager understands this principle, so currently there are over 160,000 on-chain holders of Jager. This may be one of the BSC chain tokens with the most holding addresses among Binance Alpha tokens.
➤ LP Unlocking Instead Relieves Selling Pressure
The recent decline cycle actually has another reason stemming from selling pressure from LPs. The portion of the airdrop that was not claimed before was given to LPs as rewards. LPs have a 14-day lock-up period, and during these 14 days, LPs, due to the lock-up, mostly sold the $Jager rewards to balance the lock-up risk.
Currently, the LP lock-up has expired, which has instead relieved the selling pressure. On one hand, because LPs had already recouped their costs a few days before the lock-up. On the other hand, LPs can also understand the reasoning that Brother Bee analyzed earlier, and they are likely to choose to hold and earn dividends.
Therefore, at this stage, the increase of $Jager is relatively easy. A 30% increase in 24 hours, with a maximum increase of 40%.
