RE: Market Watch: Eat My Shorts!
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The "problem" with this entire industry is that is seems to have been 100% usurped by the "Wen Moon?" who just nomadically travel around from one project to another, trying to be "first to market" in collecting ridiculous early APRs from Defi projects and then dumping and running for the hills.
It's 100% exploitation and has zero do do with either providing value nor with investing.
It's likely also the primary reason why any sort of broadbased adoption of cryptos will take much longer than most pundits believe.
=^..^=
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It would be great to create a fair start by a presale to real community members, filling their orders first with one dollar Cub. Instead of the bots getting most of the 1$ Polycub and then real people driving the price up. Perhaps next time…
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so the question we must ask ourselves is why are the opening yields so high?
shouldn't we be doing the exact opposite?
Bad yields in the beginning and ramping up inflation later when we need to stimulate growth?
I've talked about these issues many times.