bereajoy: What is the anti-dumping policy and how can it work for cryptocurrencies?
What is the anti-dumping policy and how can it work for cryptocurrencies?
Along with the crypto market, dumping has also been frequent in the international stock market. Pump and dumps are potential scams that cripple investor sentiment. It has wreaked havoc on cryptocurrencies frequently.
Meanwhile, an anti-dumping policy can be introduced to avoid such mishaps. The policy can be structured to include some regulation regarding the prohibition of buying or selling large sums of tokens in a single transaction, limiting total supply orders, imposing restrictions in terms of value, introducing daily limits or price-caps if possible, etc.
The DrunkDoge coin, for instance, enforces a cooling period of 1/2/6 hours along with increased levels of tax every time after a sale is conducted to prevent any dumping.
The THUNDERCAKE token is also a good example where it is impossible to purchase more than 0.1 percent of the total supply of the tokens. On top of that, the buy orders are restricted from exceeding 0.5 percent of the whole supply of tokens.
bereajoy:
https://www.bereajoy.com/
https://net.bereajoy.com
Along with the crypto market, dumping has also been frequent in the international stock market. Pump and dumps are potential scams that cripple investor sentiment. It has wreaked havoc on cryptocurrencies frequently.
Meanwhile, an anti-dumping policy can be introduced to avoid such mishaps. The policy can be structured to include some regulation regarding the prohibition of buying or selling large sums of tokens in a single transaction, limiting total supply orders, imposing restrictions in terms of value, introducing daily limits or price-caps if possible, etc.
The DrunkDoge coin, for instance, enforces a cooling period of 1/2/6 hours along with increased levels of tax every time after a sale is conducted to prevent any dumping.
The THUNDERCAKE token is also a good example where it is impossible to purchase more than 0.1 percent of the total supply of the tokens. On top of that, the buy orders are restricted from exceeding 0.5 percent of the whole supply of tokens.
bereajoy:
https://www.bereajoy.com/
https://net.bereajoy.com

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