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Posted: 2025-04-26 15:20:07 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-26 15:30:05 UTC
Verified By
Rollup News
The author discusses their experience with Medievalfi, a Tomb fork project, highlighting its early struggles with maintaining its peg to a stablecoin. They critique the project's design, particularly the 7-day genesis period and the offering of free tokens for single staking, which they believe led to investors quickly flipping the tokens without long-term interest. The author also points out the absence of a gatekeeper tax, a mechanic from earlier Tomb forks that could have helped.
Early loss of peg in Medievalfi project
Critique of 7-day genesis and single staking models
Lack of investor commitment to the Tomb fork game
Absence of gatekeeper tax mechanic
Maintaining peg to a stablecoin during genesis
Preventing quick token flips by investors
Designing a sustainable Tomb fork model
Addressing failed claim transactions