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when yield farming started, APRs were higher due to risk / unaudited
as it matures, i expect sustainable yields to be below CeFi yields due to tax. will likely be a better place for leverage users than suppliers
DeFi pull factor needs to be more sturdily built than "1k% APRs"
as it matures, i expect sustainable yields to be below CeFi yields due to tax. will likely be a better place for leverage users than suppliers
DeFi pull factor needs to be more sturdily built than "1k% APRs"
governance tokens are cute but as the mkt matures it will start expecting cash flows; if these disappoint, expect a re-rating of all gov tokens much lower
some of these are highly centralized still; expect the mkt to realize they cannot outvote the incumbents (digix 2.0)
some of these are highly centralized still; expect the mkt to realize they cannot outvote the incumbents (digix 2.0)
many tokens have benefited from being used in pool1 collateral, essentially staking; this hybrid airdrop effect works until it doesnt
tokenomics changes thus far have been able to produce pumps; if this falters, expect a re-rating much lower
tokenomics changes thus far have been able to produce pumps; if this falters, expect a re-rating much lower
i remain longterm bullish on DeFi and the premium projects in the space continue to build and innovate, and newcomers who genuinely take the time to think and add value will find ample design space
