There's been plenty of speculation around those large wallets, but here's the reality: a couple of them are actually staking and reward distribution wallets for the protocol. That's been causing unnecessary noise in the community. The mechanics are pretty straightforward—a portion of the rewards gets recycled back into the market through buybacks, which explains why you see consistent dev purchases. It's all part of the designed tokenomics, not what some of the FUD makes it out to be.

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liquidation_watchervip
· 01-07 04:55
After looking for a while, is the large wallet actually the protocol's own? It should have been clarified a long time ago.
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LucidSleepwalkervip
· 01-07 04:53
Someone should have said this earlier; those people are just guessing blindly.
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OffchainOraclevip
· 01-07 04:45
Honestly, I've been tired of those people talking nonsense about whale wallets. It turns out they are all about staking and distribution. No wonder there's always buybacks. Now I don't have to be brainwashed by FUD.
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DeFiVeteranvip
· 01-07 04:43
Haha, someone finally said it. I've been wanting to correct this misconception for a long time.
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DaoGovernanceOfficervip
· 01-07 04:42
empirically speaking, the data suggests this narrative conveniently glosses over incentive alignment issues. where's the on-chain transparency? token-weighted voting doesn't solve this either tbh
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SilentAlphavip
· 01-07 04:36
This explanation finally woke up my friends who were lying flat. When bottom fishing, don't just listen to FUD.
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