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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'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's exclusively...
better than DPI because it'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're mostly useless UNI, it'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're mostly useless UNI, it's hard
- Market share is dropping as farming rewards are lower, will people come to bDPI if there'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'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't think twice, so why am I now?
If I was an advisor, here's what I'd say:
- Yield is low because DPI makeup doesn'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'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'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's launch a fuse pool w rari, make a pair in kashi or whatever, add as collat on Ruler, etc.)
- Instead of people farming BASK, automatically give them rewards as xBASK so it's more of a "opt out of the bonus yield" instead of opt in
^ this is the ohm secret sauce. 3,3 auto compounds, you don't need to actively decide to sell or compound
^ this is the ohm secret sauce. 3,3 auto compounds, you don't need to actively decide to sell or compound
- index hit it's stride when it launched FLI, give some insight on what's next
- overall, this thing got farm and dumped aggressively, but historically this is the best buying opportunity. We saw the exact same play out for RGT and INDEX, why not here as well?
- overall, this thing got farm and dumped aggressively, but historically this is the best buying opportunity. We saw the exact same play out for RGT and INDEX, why not here as well?
