What’s In A Game? Theory, Of Course
When developing novel concepts, it’s important to be open to new possibilities.
It’s even more important to pay attention to the Community response to what has already been built and is being used by them. Especially when the rank and file are extraordinarily engaged.
If you don’t know the backstory with regard to what LabNinety1 is building, go back to the beginning. Read the WhitePapers. Read the Mediums. Hop in the Socials.
Once you’ve taken it all in, come back and read this, because we’re way too busy for a remedial course. Or stay, but you’ll likely be terribly lost…there’s a lot to unpack.
So…what’s this all about?
$FLD Liquidity Pairs.
The response has been even better than what we expected, and that’s saying a ton, because we expected quite a bit.
95% liquidity to market cap ratio is not something to be ignored.
So…imagine what we felt when it was discovered that there was a way to improve upon that piece alone? Independent of Ninety1 NFT and Matter Protocol, but a bit parallel to Gimbal DeFi, we came up with an enhancement of sorts.
That’s actually an understatement, but those that know are used to it by now. Everything we’ve done thus far is constantly recognized as so much more than originally thought. That view is especially true of those who have chosen to take the deep dive and understand it all.
So…enhancement prolly ain’t the word for it.
Back to it.
The ones that have studied know that the $FLD distro is only going to get harder and more competitive, so they’ve been selfishly attacking, in hopes of stacking as much as they can.
It’s ok anon…we recommend selfish behavior around here. It benefits everyone.
A couple things have piqued our interest as participants work to position themselves best within the ecosystem, from minting NFTs, to adding LP tokens to the Live Pairs that the Community owns.
For one, some are exchanging $FLD for enough $AVAX to mint more NFTs, an action that looks a bit Ponzi-ish (but it’s not — dig deeper), the other being sellers of $FLD for $AVAX to then pair it for more LP that qualifies for maximum emissions (suicide stacking).
Selling the very thing that one is trying to accumulate in order to get more of it?
They’ve had good reasons to do it to be perfectly honest. But that’s not the point.
The point is that we’ve dug into some of the strategies being used by those hell bent on LP staking, and have designed a useful tool for them…one that doesn’t hurt them before it helps them. That is, if they are playing the game right.
We’ve also considered the viewpoint of the rabid NFT minter (more locked $FLD, no impermanent loss risk) looking for an advantage in this manner.
What if…
What if LabNinety1 delivered a mechanism whereby those holding LPs could compound their LPs without suicide stacking?
What if such a mechanism placed constant buy pressure on $FLD at the same time, offsetting profit-takers and those flipping $FLD for more NFTs?
What if such a mechanism provided such a layer of stability that naturally helped to push the floor of these aforementioned Genesis NFTs?
What if such a mechanism allowed the continued Game Theory strategy of entirely selfish behavior, and in doing so, their actions were beneficial to everyone?
Some m’fers are out there playing checkers. Let ‘em…we’ll go a different direction.
Coming soon…announcement sooner.
-H
