Day 11 of Schizo's DeFi Musings ---
Look ma, I brought a picture to show and tel!
So on the weekends I like to look through charts and find interesting things for bags that I'm in to track their performance and make sure they still look as good as before.
Right now, we're going to focus on two stats:
- TVL Growth
- Fees Growth
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With Liquity, I want to see continuous TVL growth because that means more and more people are borrowing $BOLD and realizing that they can do something unique: set their own interest rates.
I won't go too deep into why this is so cool (if it wasn't already apparent) but it means the product is working.
This is good for my $LQTY bag and shows PMF.
Users are coming to use and that's what matters. Plus the TVL growth will keep growing and growing and that only means good things.
I'm sure I can say more but I got an angry toddler son and that means I'm on limited time.
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Now we move to Fees Growth for $CVX.
There isn't much to say here because nearly everyone reading this knows what CVX is.
But if we get stablecoin bills, proliferation of more stables, and good regulatory oversight there, then its clear that $CRV will benefit.
And if CRV benefits, then CVX benefits.
There's some just something intoxicating about those 2 assets, just knowing that there is always income coming.
Especially if stablecoins get as much adoption as hope and become ingrained into our society and ecosystem, then you can feed on fees/revenue/bribes for eternity.
Will that happen tho? We'll have to see!
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I'll take my leave here and get back to the fam.
Again, appreciate everyone who reads and hope you're having a stellar weekend bros and broettes.
Schizo out