A sign of trons price going down in the near term

A sign of trons price going down in the near term

By edexter | Dexter's finance musings | 6 Sep 2020


I recently bought some Tron and got the wallet set up exc just in time to see a 100%+ price gain.  One of the things I have noticed about the crypto selloff is that there was a delay in the price of Tron going down.  

 

What started to happen instead of the price going down was the effective yield on Tron started to go up.  My somewhat accurate numbers ( this was just from checking not looking at a chart) Tron went from a 7% yield to a 12 to 13% yield.

 

It takes three days for Tron to become unlocked to trade on an exchange athough some interest was available immediately.  Seed coin has a large amount of it's collateral in Tron and has seen it's dividend climb.  You have to assume that you have many lost coins doing dividends forever

The concept itself shows you why it is worth loaning out your Tron coins for less than what voting pays.  Gives you a chance to front run the massive hoard that has an illiquid asset .

 

Recent defi events on sesame seed that launches defi tommorow on multiple chains and sun mining that launches defi on the second may be part of what's changing the numbers as well.

 

The photo is from my seed where the dividend went from .8 to 1.5


edexter
edexter

Long time invester working at a meat packing plant.


Dexter's finance musings
Dexter's finance musings

This is just a blog about whatever my latest speculation is. Mining stocks, crypto or even bonds at times

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