mkr holders make sure you upgrade to sky and stake they jus | dcfgod on Binance Square

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mkr holders make sure you upgrade to sky and stake
they just started paying out stables as rewards, currently ~17% apr

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+3.75%

150

0

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Circle at 25b 2 weeks ago ct was screaming 4b was overvalued and it’s worthless because all the revenue goes to coinbase and binance Maybe more defi apps should be going ipo instead of ico, seems tradfi is more willing to bid our stuff than we are

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Hyperliquid previously rewarded users for being users and not industrial farmers (nerfd sybils, huge points to purr, etc.) The team likely knows we're all prefarming this "season 2" by doing anything we can on the evm In this case... is it worth making the points distribution a surprise? I still wonder if its even worth doing a s2 at all? Seems to be growing / doing well without it Why not just give the apps a chunk of hype and let them emit to their users / sort out growth? They have billions in hype to spend, being focused and slow with it would make sense

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Some notes on @CabalVIP / @initia vip bribes as the product starts to roll out - The timing is good as previously to unstake enshrined liq there was a 20d period with no yields... but because the initia team is changing reward rates they're paying yields during the unstake... so theres no 0 yield period to migrate into cabal - Depositing Init is not a lock, its a convert, so if you want to get out its only by the AMM price. Because of our ptsd with cvxCRV we'll probably be depositing usdc/init LP because that's just staking - Deposits should get the same yields as enshrined liq + bribes so it seems like a no brainer for LPs unless they want to negotiate their own bribes or vote based on vibes - Cabal takes 6% of staking yields + 10% of bribes as fees note: dcf cap seeded cabal and initia

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Another thing @berachain inherited from ohm that most don't realize is the "time in > timing" concept Chart looks like we're down bad... but remember how we had to account for rebases? In bera land products like oriBGT are farming 400-500% APR in more bgt So if the bera price is down 20% this month... does it matter if I farmed 40% more tokens this month? note: dcf cap holds oriBGT and seeded berachain

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wasn't the timeline saying this should be a 0 because coinbase gets so many fees?

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