Bro, thanks so much for this. I was wondering where the price spike came from the past couple days.

My dumb ass aped into elements at the peak, I dropped like 25k wax on elements when the going rate was dropping from 1.9 down to under 1.

My elements generate 26k aether/hr and have been sitting around staking for probably close to a year soon.

On one hand this news is good because I gave up hope a long time ago (it was about the money for me, I was never into the game)... on the other hand, thank god I finally logged in recently and claimed like 80M aether or else I'd be so fuckin angry right now that they decided to burn me on my entire balance - 10k.

I do have over 5M aether unclaimed and now I'm not really sure what to do. And I would really really hope they do plan on burning whatever is spent on upgrading (and whatever people lose to claiming differences)... or else, what's the point of the penalty?

I was gonna sell my 90M aether if it pumped a little higher, but now I'm probably just gonna hold onto that and hope that one day its worth something. I need to figure out a strategy with the staking going forward though.

Seems like this whole thing is easily circumvented by splitting your elements up amongst a few wax wallets, so not really sure how much of a difference it's really gonna make.

Edit: Never mind, guess I won't be having that problem 🤣

Didn't realize I was taking a 95% haircut on my element mining rates. Well this certainly worked out well.