Uniswap Founder Burns $650 Billion HayCoin Against Speculation
Uniswap Hayden Adams burned 99% of THE HayCoin (HAY) provide on October. 20 on concerns about price speculation.
News
Join
We
on
social
networks
Uniswap founder Hayden Adams burned 99% of THE HayCoin (HAY) provide on October. 20, according to has A announcement on X (Previously Twitter). THE majority of THE tokens to have has been deleted Since traffic due has Adams concerns about price speculation on THE previous days.
Adams deployed THE HAY token For essay five years There is, Before THE launch of THE decentralized protocol Uniswap. He created A little test liquidity pool with A tiny fraction of THE total provide And guard on 99.9% of HAY tokens In her wallet. Just A little weeks There is, THE token was trade as A memecoin In THE six digits range:
"On THE years, A little people to have REMARK he And bought he as A joke/for THE novelty of he. Was extremely surprised has see people purchase And sale significant dollar the amounts This pass week, to treat he as A memecoin. Cryptocurrency can be weird sometimes."
Five years There is, Before THE launch of Uniswap v1, I deployed A token called HayCoin has to use For essay. This was back When gas was SO cheap that main network could be used as as A testnet. After THE launch of v1, I created A little test liquidity pool with A tiny fraction of THE total…
— hayden.eth (@haydenzadams) October 20, 2023According to has that of Adam job, about $650 billion value of HAY tokens were burned. THE Uniswap founder double price speculation as "silly," noting that he do not to want her profile picture partner with THE token:
"Eventually, I am uncomfortable possess almost THE entire provide (~99.99%) of A token that people are to memorize And speculate on, SO I decided has burn THE complete Rising In My wallet ("estimated" has A absurd ~$650 billion."
When A token East burned, he East permanently deleted Since traffic. But he Also creates inflationary effects on their price...
Uniswap Hayden Adams burned 99% of THE HayCoin (HAY) provide on October. 20 on concerns about price speculation.
News
Join
We
on
social
networks
Uniswap founder Hayden Adams burned 99% of THE HayCoin (HAY) provide on October. 20, according to has A announcement on X (Previously Twitter). THE majority of THE tokens to have has been deleted Since traffic due has Adams concerns about price speculation on THE previous days.
Adams deployed THE HAY token For essay five years There is, Before THE launch of THE decentralized protocol Uniswap. He created A little test liquidity pool with A tiny fraction of THE total provide And guard on 99.9% of HAY tokens In her wallet. Just A little weeks There is, THE token was trade as A memecoin In THE six digits range:
"On THE years, A little people to have REMARK he And bought he as A joke/for THE novelty of he. Was extremely surprised has see people purchase And sale significant dollar the amounts This pass week, to treat he as A memecoin. Cryptocurrency can be weird sometimes."
Five years There is, Before THE launch of Uniswap v1, I deployed A token called HayCoin has to use For essay. This was back When gas was SO cheap that main network could be used as as A testnet. After THE launch of v1, I created A little test liquidity pool with A tiny fraction of THE total…
— hayden.eth (@haydenzadams) October 20, 2023According to has that of Adam job, about $650 billion value of HAY tokens were burned. THE Uniswap founder double price speculation as "silly," noting that he do not to want her profile picture partner with THE token:
"Eventually, I am uncomfortable possess almost THE entire provide (~99.99%) of A token that people are to memorize And speculate on, SO I decided has burn THE complete Rising In My wallet ("estimated" has A absurd ~$650 billion."
When A token East burned, he East permanently deleted Since traffic. But he Also creates inflationary effects on their price...
What's Your Reaction?
