The farming pool $Switch/TON on STON.fi shows 470% APR, but despite such high returns, don’t try to profit from it now‼️
Until June 9, the $Switch airdrop — which makes up 50% of the total supply — will be gradually sold. By then, at least 30–40% will likely be sold, dropping the price from the current $41M MC to $20–25M📉, or possibly even lower if Bitcoin starts falling instead of rising like now.
After June 9, it may be a good time to buy the $Switch token and add it to the pool on STON.fi, since the project itself is solid🚀.
There’s also a chance #PocketFi might announce a gradual buyback💸 of the token using part of their fee revenue, similar to how Storm Trade and DeDust do it. STON.fi is also planning to implement a similar system, converting all fees into STON and burning part of them🔥.
Also, considering the large token share held by the team, they could launch an ambassador program🗣️ that pays ambassadors in $Switch tokens — a model already used by STON.fi and Storm Trade.
It would be great if PocketFi combined these two models in their tokenomics. What do you think about that🤔?