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Phithe
Phithe@phithe·
"Can red candles be a good thing?" 🤔
Alessio@Al3ssioKnight

@Kikiisbunny Right now you can see 1 Pyreftm = 0.3 2omb Pyreftm going up in value will bring it to 1 Pyreftm=>1 2omb, at point it will be profitable to burn 2omb to mint $pyreftm. That will cause 2omb to go up and pyreftm to go down, but pyreftm have the IWV mechanism to go back up above 2omb

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Alessio
Alessio@Al3ssioKnight·
@phithe 2omb going down in price can be a good thing, so yes, red candles on 2omb could be actually good
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