@stewbits22 20 January 2022 more from that month

An important message from Mark Lamb CEO of Coinflex, on the future plans of the company and how this will propel FlexUSD to No1 stable coin and add value to Flexcoin. Quote from Telegram: Yes the buyers are often buying to trade - and thus market ordering Sellers offering passively. There definitely has been offloading happening - if there wasn’t we’d see the price go up as more FLEX are consumed by CoinFLEX, the DAO and AMMs. Most AMM users don’t sell the FLEX and CoinFLEX hasn’t sold any of its FLEX revenue in the last 6+ months, we’re HODLing more each day. I think in many ways what differentiates some tokens that become legendary stores of value and mechanisms for value accrual - from others that drift into irrelevance over time - is whether the founders, team, investors, etc believe in the token in a real way or whether they’re just using the token to get rich/ cash out/ etc. When I say “FLEX is the Future” I want to be very clear on what I mean. I’m not saying it’s going to pump 20% tomorrow or giving financial advice. I am saying that I believe in this coin, WE here believe in it and we’re creating a business where the goal of the company is to accumulate as large a % of the supply as possible and to make the coin widely used by everyone who trades crypto. Widely held by passive capital. An important coin in every aspect of the word. This isn’t a coin based on random nothingness and because it’s not pure hype maybe sometimes it’ll seem more boring than other coins….. but I think CoinFLEX is building something that could be a double monopoly at the intersection of stablecoins and exchanges. The stat we continue to focus on is stablecoin market cap vs futures open interest (OI). flexUSD and CoinFLEX futures OI are highly correlated , usually 1:1. flexUSD needs to get to $10B for us to be the biggest (or second) futures exchange by Open Interest. That doesn’t even put flexUSD at top 5, we’d be around 6th. And we’ve got the only stablecoin that pays interest. If it’s on every chain, widely used in DeFi, the dominant stablecoin in SmartBCH and accessible in lots of countries with fiat on/off-ramps - we can get to top stablecoin. At that point, we’d be the majority of futures OI and competing would be difficult.