1) bathwater
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Can’t claim FTT is less volatile when nobody owns & trades it, and you created value out of thin air. That was your move - print a shitty token with low volume, own large share of it, while using it as a collateral to manipulate markets.
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I have no doubt FTX is a top tier exchange.
Do you own or trade FTT token though?
FTTs marketcap is bigger than Uniswap's token. Which ones volumes are bigger?
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1) Uni's fully diluted value is > FTT
2) FTX's volume is > 2x Uniswap's
3) FTX gets that with fees, Uniswap pays people to trade
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The top 5 holders of FTT token collectively own 86.96%.
One of the address there is you putting the FTT token on Aave.
Uniswap token volume is in hundreds of millions, FTT token volume is 5 mln.
Most of the FTT token marketcap is inflated, out of thin air created value.
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According to etherscan, FTX wallet is 2.9921% percent of the total token supply.
So a ballpark figure is that only $10 mln worth of FTT tokens are stored on the exchange by traders.
Why should the FTT token marketcap be in hundreds of millions?
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Lots of definitional issues here -- you could get anywhere from 30mm tokens to 250mm tokens
in particular:
locked vs unlocked
trader vs investor
custody
etc.

