Coinmarketcap gives a total supply of 10B GRT, the supply on etherscan is 10.3B, I asked myself how would cmc wrongly report and then I see the mint function in GRT contract and it's all clear now they minted it after getting listed and probably will quietly mint more as they go. Phew, they almost got me into buying this scam shitcoin.
GRT = SHITCOIN
Jace Butler
Cooper Jenkins
imagine getting scammed by some faggot who tried to force a meme. Its pretty obvious that anyone who fell for the GRT retard deserves it.
Colton Harris
>he doesn't know about the 3% annual inflation until query fees replace it
without it indexers can't function until they start making serious money from queries alone
Blake Lopez
>Inflation rate 2021: 3%
>Inflation rate 2022: 2.5%
>Staked: 3B
>Fees projected EOM: $48k / 319k GRT
>Est. Queries per Dollar, Current: 4,507
>Est. Queries per Dollar, Conservative: 13,000
>Monthly fees expected after sunset ATBE: $9.3M / 71.7M GRT
>Monthly fees expected after sunset ATBE, conservative: $3.23M / 24.85M GRT
>APY boost expected ATBE after sunset: 28.7%, 9.9% conservative
I think we're just a little undervalued.
Christopher Cooper
Wow it took 2 years to mint 300 million tokens. Once the 1% query burn mechanism (could increase as its set by governance) comes into play in Q1 2023 the coin will become deflationary
Lucas Nelson
If you think about it, it launched at 0.10 with like a tenth of the supply it has now, so it's still very overvalued. It seems destined for at least 3 cents, if not lower during the bear market. If it can get meaninful query fees, it might bounce back next bull run, but the shit tokenomics really limit it.
Aiden Bell
Except when it launched it was valued at potential. Now it’s valued at reality pic related
Michael Perry
Odd that you were trying to convince everyone to buy a 10k stack, almost like you're a pajeet trying desperately to break even.
Luis Lewis
karajan user you're here! you have any new numbers and predictions for 2025 with 12k gurtsies?
Anthony Lopez
My breakeven is 15 cents. I’ve been in crypto longer then you were both mate. These little swings in price aren’t nothing to me. I simply buy the bottom of coins and make 100x in 3 years time.
Pic related
James Garcia
How does 12 million sound?
Jacob Gomez
i hope you're right 1 mil already absolutely life changing money. i keep on buying a little more every month.
Ayden Richardson
Odd the original OmegaMaker didn't use a tripcode and you do. Almost like you're trying to establish some sort of authenticity.
Jonathan Gutierrez
sadly he's shitting up GRT threads every day now with a stolen pseudonym. To make matters worse, he's an absolute brainlet.. e.g. he doesn't know the 1% burn is already turned on.
Jaxson Kelly
Query volume growth on the hosted service has reportedly stalled since the bear market kicked in, and mainnet doesn't have enough usage yet to derive any meaningful long-term projections.
So, between this and the breakdown in the relationship between subgraph creation and queries, the forecast models are uncertain right now. I'm waiting until all query volume is on mainnet before revising them. At that point there will be a lot more transparent data to work with, and more confidence to be had in the projections.
Zachary Collins
ok thank you for the answer. i will be waiting for those forecasts
Jason Jenkins
Grt is a decent buy at 0.005. when it hits that in three months I will grab a few million.
William Scott
Why stop there? Wait a year... They'll give them out for free... Wait they already do with grants and to indexers lmao
Luis Bailey
Oh yeah, how much revenue is that bringing in?
Adam Rivera
Dude please PLEASE stop posting, this is extremely sad cope. Before graph day you were claiming 1M was a make it stack. Just fuck off.
Nathaniel James
There was an OmegaMaker with that trip back in 2018 in LINK threads