The token plays an important role in the Beefy ecosystem, but price charts alone don’t tell the full story. A downward trend doesn’t necessarily reflect poor performance, it might just mean there’s no VC or “cabal” propping up the price, or that current retail sentiment isn’t aligned with the yield farming narrative right now.
While the peak of yield farming hype may have passed, @beefyfinance continues to evolve. Most recently with the launch of CLM vaults, embracing the v3 wave and adapting to the ever-changing DeFi landscape.
Just look around—many once-popular DeFi projects, like @alpacafinance, have shut down after failing to pivot. Yet Beefy remains resilient, with over $5M in its treasury and a team still building for the long term.
Cetus got exploited — and now you can’t buy shitcoins from their pools, because the pools are empty.
All the project tokens got dumped — only SUI is left in there. So what does the protocol need to do to fix this (assuming they have funds)?
That’s right — buy back all the dumped tokens from the market. And even if they refill the pools like before — we won’t be able to re-buy at current prices or even 2x.
The price will snap right back up instantly. Which means: when the buyback starts, the only real move is to long the tokens back to pre-dump levels.
The plan is to swing long Bitcoin to new highs then hedge the long position with a short during August-September.
The moment we see structrual confirmation that the uptrend has been broken, we will TP the long & ride the swing short to bear market lows.
I believe that the 4Y Liquidity cylce is still intact & that we are still in a bull market until proven otherwise.
Confluences: - M2 Global Liquidity Increasing - Premium Index Negative (Leverage is low, no fomo) - Reclaimed Previous 90K Range lows with strength - Tether Treasury has been minting billions - Wall street traders margin called (covid levels) - Tarrif Wars/Trade wars marked the bottom (fear)
If I happen to be wrong, I put my money where my mouth is. As always. I bias. 1 Plan. Worst case scenario I am invalidated and get to buy BTC lower which is even better 😅