Back to collectionTwo Mints, a Published Schedule, and a Falling Price
Trading was thinning ahead of the holiday, and earlier arguments about unlocks had made holders unusually alert to changes in on-chain supply. Amid dwindling volume, the price drifted down to 0.225, and two minting transactions appeared on-chain. The notice placed both transactions back within the existing emissions schedule and reduced speculation about an unknown event.
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Trading was thinning ahead of the holiday, and earlier arguments about unlocks had made holders unusually alert to changes in on-chain supply. The narrator watched the price while the Night Watchman checked his node as usual; they were seeing different sides of the anxiety.
Amid dwindling volume, the price drifted down to 0.225, and two minting transactions appeared on-chain. As word spread through the group, the team issued a notice: both mints were scheduled in the published emissions plan, and the notice included their block numbers. The Night Watchman urged questioners to compare the transactions with the notice before treating the word “mint” as evidence of an unexpected increase in supply.
The notice placed both transactions back within the existing emissions schedule and reduced speculation about an unknown event. It could not erase the unease caused by the falling price. The narrator planned to cover the supply plan and that day’s trading separately in the year-end account; thin holiday trading would still make every on-chain movement stand out.