Anyone following trib?

in #crypto5 years ago

not financial advice do your own research
https://tribtoken.com/
Came across this recently and found it fairly interesting. Seems like it functions like a volume based tontine in a way. Its an automated market making system, where a portion of the capital entering / exiting the system is burned. This creates a "floor price" that should rise over time, its interesting to think about. Was curious what you guys thought about it?
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