7/7
The paramount question is:
With a 20% taxation on boosted PTP rewards, what Platypus LP Token holder would choose @Echidna over the non-taxed @vector_fi?
Big #PTPwars or #PTPParty going on at the moment between @echidna_finance and @vector_fi. A thread summarizing their tokenomics.
Conclusion: Vector provides 25% more income for stakers of @Platypusdefi LP Tokens.
An explainer thread π§΅
1/7
#Platypus@cryptofishx $PTP $ECD $VTX
6/7
Investing is always a quest for the best possible yield. @vector_fi has a small tokenomics advantage for anyone in @Platypusdefi right now, but their biggest power lies in the protocol compared to @echidna_finance.
People are being salty for other people making a profit when buying at low prices. If we expect wonderland to be valued 4x the current value, then it's the best thing to not let them stick around untill prices go there.
[6/6]
Frogs WANT whales out of the community,
Frogs WANT to double our share of wonderland,
Frogs WANT ownership of Wonderland to not be in the hands of whales but frogs,
Frogs WANT to let people who don't believe in the concept anymore out.
[5/6]
[appendix 2/2]
If $200 of that wMEMO would be owned by the treasury there would be $600 wMEMO in ciculation for investors, with $800 treasury: ratio 1.33. In conclusion, treasury wMEMO & TIME holdings are good.
[appendix 1/2]
About treasury holding wMEMO and TIME.
There is some confusion about wMEMO and TIME being part of the treasury holdings and a negative impact on treasury value per wMEMO. In fact, the opposite is true. Imagine a $1000 treasury and $800 total wMEMO: ratio 1.25.