I'm totally screwed - Will the TGE with the highest BNB crowdfunding end up losing money?
Cat Sister is calculating:
TGE deduction: 0.148 BNB * 930 = 138U
TGE reward: 3800 FOGO * 0.047 = 179U
Self-owned BNB profit: 179 - 138 = 41U
USD1 redemption and borrowing cost: 11U
Non-self-owned BNB profit: 41 - 11 = 30U
FOGO opening price: 0.045 Profit: 22 + 11
FOGO opening price: 0.04 Profit: 3 + 11
FOGO opening price: 0.035 Profit: -5 + 11
Brothers, redeem USD1, borrow coins, then buy USD1 again - Cat Sister is totally screwed, wailing 😭😭😭
$FOGO #tge #I'm totally screwed