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Unsure how to think about @BasketDAOOrg / $bDPI, random brain dump:
- $6M cap ($60M FDV) with emissions about to drop significantly in a few days
- Seems cheap as $60M+ of bDPI is minted
- Excluding technicalities like anon founders and shorter history it& #39;s exclusively...
- $6M cap ($60M FDV) with emissions about to drop significantly in a few days
- Seems cheap as $60M+ of bDPI is minted
- Excluding technicalities like anon founders and shorter history it& #39;s exclusively...
better than DPI because it& #39;s the same makeup but earns interest, and has less fees
- Interest is sub 2% which feels like nothing, so is it even worth the additional effort to be interest bearing?
- Revenue depends on interest earned, and if we& #39;re mostly useless UNI, it& #39;s hard
- Interest is sub 2% which feels like nothing, so is it even worth the additional effort to be interest bearing?
- Revenue depends on interest earned, and if we& #39;re mostly useless UNI, it& #39;s hard
- Market share is dropping as farming rewards are lower, will people come to bDPI if there& #39;s no farming incentive?
- Team has proven themselves phenomenal and the advisor group is stacked
- If someone came to me and said "You can invest in a @0xMaki and @Darrenlautf project w multiple devs and $60M locked at a $6M cap", I wouldn& #39;t think twice, so why am I now?
- If someone came to me and said "You can invest in a @0xMaki and @Darrenlautf project w multiple devs and $60M locked at a $6M cap", I wouldn& #39;t think twice, so why am I now?
If I was an advisor, here& #39;s what I& #39;d say:
- Yield is low because DPI makeup doesn& #39;t care about yield, it only cares about marketcap
- Launch a 2nd yield maximizing index which focuses on assets that generate cashflows (xSUSHI, YFI, RULER when they give fees to holders, etc.)
- Yield is low because DPI makeup doesn& #39;t care about yield, it only cares about marketcap
- Launch a 2nd yield maximizing index which focuses on assets that generate cashflows (xSUSHI, YFI, RULER when they give fees to holders, etc.)
- If it got the same TVL of $60M and an avg of 10% yield, protocol generates $6M, and if it keeps just 1/6th of that, the token is cheap af
- Make the asset good collateral (let& #39;s launch a fuse pool w rari, make a pair in kashi or whatever, add as collat on Ruler, etc.)
- Make the asset good collateral (let& #39;s launch a fuse pool w rari, make a pair in kashi or whatever, add as collat on Ruler, etc.)
