When I staked my $ME in December 2024, I said I’d be a pain in the ass making @MagicEden accountable, and I’m here for it. They just announced rewards for S2 and S3: 8M and 12M coins respectively. What a joke. They’re tossing crumbs to the community while insiders, team members, and VCs get the real benefits. How? Token emissions. “In crypto, emission is the rate at which new coins are created and released into circulation.” — Gemini According to @MEFndn’s token emission schedule, 250M $ME coins were supposed to be in circulation by end of 2025 purely for the community. Then, massive unlocks for “strategic participants” and “contributors” are planned for 2026. So where are we now? @CoinMarketCap shows 151M $ME coins circulating today. With only 20M more this year, we’re looking at 171M by year end. That is 79M coins short of the promised 250M. They shortened a whole season in 2025 by playing dumb with vague excuses, cut projected emissions by 31 percent, all to give insiders a better shot at cashing out after 2026. They are running our of ideas on how to make the community to stake as many coins as possible before the real crash comes, maybe NFTs reviving saves them this time, if it happens. Game is game, they make you chase it with a beautiful leaderboard, you give them your $SOL in high trading fees and high swap fees (btw save a TON of money using @JupiterExchange / @jup_mobile ), AND you get $ME in exchange, you may recoup your trading fees but you take all the risk on volatility on everything else you are buying, and you have to stake coins for 4 years. I gave them a chance, luckily made my money back and I hope you did too, but now I’m fucking off for good from using this platform. Cheers.
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