Can’t believe we’ve been farming 200%+ apr on this since lau | dcfgod on Binance Square

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Can’t believe we’ve been farming 200%+ apr on this since launch, all paid in more init 
The chain already has multiple chains 
Note: dcf cap seeded initia

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state of curve liquid lockers is grim note: dcf cap is trapped in cvxcrv

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Some early thoughts as an @initia user / investor - PA has been great. Airdroppers really sold too early. Probably a controversial take but L1 airdrops should be extremely small as there's nothing to do before mainnet... Testnet users are not real users, they are bot / human farms. - LP farming has been amazing... currently 170% APR paid in more init for an 80/20 pool which means low IL and low usdc needed... The ~20d unstaking period is good because its unattractive to mercenary farmers since the hedge is hard, and short term holders don't want to wait a month to get out and sell - Would recommend giving Kamigotchi / Yominet a try to feel how cool the tech is. You bridge eth to the chain for gas... Every game action is a tx and it feels extremely fast... and it's great for the team as they earn all the gas fees with almost no expenses - There hasn't been as many apps as other chain launches but thats expected. Here each "app" isn't just an app but an entire chain of its own. - With movement surrounded by drama, Initia is feeling like the next big move chain - Emissions are lower than most think... 20% of supply is for enshrined liquidity (usdc/init LP).... 20% of supply for VIP... but all the VIP rewards are 1y vested or faster if you LP with them. - VIP is off to a good start but it's hard for voters to decide who to emit to. Need to see cabal go live and bribes start to flow. For apps I expect the bribe : emission ratio to be really cheap as there's little competition so it's worth being aggressive early... - Some really good high APR farms for folks willing to do the work and earn the vip rewards. Check out echelon loops on usdc, milkyway for init, and play kamigotchi (saw a thread where someone said they made 1/3rd of the kami back in init rewards in 1 week) note: dcf cap seeded and is farming $init

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One of the biggest winners from the eth pump was @ether_fi Unlike the competition, they clearly are showing the market the token matters They're using revs to buyback the token and distro it to stakers (sETHFI) Buybacks on chain so there's no question on if they're happening or not $26M in revs last year and expecting to get to $100M run rate this year note: dcf cap seeded etherfi

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a very green reminder when eth wins all of our coins win believe in something 0.1

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