mononaut on Nostr: The extremely elevated fees in the halving block are a result of competition to be ...
The extremely elevated fees in the halving block are a result of competition to be the "first" Rune, not to snipe or discourage sniping names.
With so many new tokens appearing simultaneously, it was assumed that the ones at the top of the list will form a Schelling point for speculators and pump the hardest.
Published at
2024-04-20 08:19:21Event JSON
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"pubkey": "dbe6f9f78b0cecf94d7b41cb644b984b8881c021c0525d479ba6416966e07661",
"created_at": 1713601161,
"kind": 1,
"tags": [
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"content": "The extremely elevated fees in the halving block are a result of competition to be the \"first\" Rune, not to snipe or discourage sniping names.\n\nWith so many new tokens appearing simultaneously, it was assumed that the ones at the top of the list will form a Schelling point for speculators and pump the hardest.",
"sig": "346e43014a39dccc32b0feee5616e168cd6fadab16f0235eed5b9d789a4db0a49eb68f91d4abae39b4c529197f76c34c772a5ca5c49e049cad3e958847b29f95"
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