Algorand is an ISO 20022 project that converges decentralized and traditional finance by enabling the simple creation of next generation financial products, protocols and exchange of value. holders receive 0.8% APY and can commit their tokens during governance periods, until all tokens are unlocked by 2030. It's a superhighway under construction to handle everything from stable coins to credit card transactions to any number of apps at extreme transactions per second. Backed by an MIT brain trust and father of cryptography and they are on friendly terms with the SEC.
That's without governance. Governance pays like 10% iirc
Ryan Hughes
Kek the Tinychart discord bot got named BlapuBot
Oliver Bailey
>the HBAR bots are here again with fake fud EVERY SINGLE THREAD LMAO it's so funny to see you so scared about algo. To any newfag around here, just in case Algorewards in wallet has been phased out. Now Algo governance = 10% apy Algostake/yieldy = 25% apy
Should we sell already? I want to get rid of my tiny but the yieldly pump was disappointing. It's not only the HBAR bot, there is one fudder who bought around 1,90 and he is fucking mad since then kek
Elijah Ward
there is a algotrain token, does anyone know if it's legit? won't buy without confirmation, Who else /ponzitrain/ here?At least I took my initial back before the bug
Josiah Flores
last chance before tinylock goes straight to a mil, fags.
Dominic Diaz
Tiny is basically a blue chip at this point. I'd just provide liquidity and get that sweet Apr from it swinging. Unironically pays out better than any stable.
Noah Brown
My only worry is that any VC or Foundation grant announcement fucks you up. I don't think they're priced in.
Landon Howard
>he didn't bought algostake at 400k mcap like I told you because it was "shady" HAHAHAHAHAHAHA
Hudson Myers
that's a lot of inflation, damn
Logan Barnes
Yep, high inflation that the Algorand Foundation continue to dump on the market for free. Algosimps are some of the dumbest people in crypto. Obvious scam is obvious
Wyatt Walker
that might be harsh, what is the supply distribution like when compared to other new PoS networks? and do they disclose how much they dump?
Jonathan Peterson
>0.8% APY We should remove this from the OP because the wallet APY has gotten lower since and is basically irrelevant with the governance APR.
Camden Diaz
Finally some hopium regarding Sean Lee, seems his departure is tied to some sort of future announcement (and a positive one at that)