Wanted to run a proper tweet where I cover many questions regarding LONG. Bookmark this, it’s going to be quite in depth. Before I start, I want to clarify that this is an educational effort. One of our core values with LONG is not to look down on our users but actually equip them with the right knowledge and prove another type of playbook can exist in the space. There is no reason for us to be defensive(esp not on tech) LONG proves itself every day and we will keep doing so. I also think there is a fine line between slightly disingenuous FUD vs critical thinking, so pay attention to it as well. #1 Why is LONG optimizing for liquidity as the moat with stock pairs and generally? Main problem…
reflections pay you with money taken from the next buyer. LONG pays you with the stock market. the eli5: every LONG token trades in a pool against a real tokenized stock. robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 trades against $NVDA. when NVDA pumps, the NVDA side of the pool is worth more in dollars, so your bag is worth more too. no tax needed. here's why they went with liquidity over reflections: > reflections come from a tax on trades. anyone can open a 0.1% pool next door and undercut you. race to the bottom > early wallets buy 20% at low fdv, farm the fees, then dump when volume dies. seen it a hundred times > a deep pool is hard to bundle, soaks up big sells, and turns in…
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