@ThePumponomics@cryptoPenguin47 Personally I believe defi will resurge eventually as it has real economics unlike the memes,however i can see strong narrative for memes too
@ThePumponomics@cryptoPenguin47 Strong now vs strong 2 years from now are 2 different things,remember how strong INJ and AVAX pumps were 2 years ago and now nobody remembers them.Maybe you are proved right,nobody knows for sure which is why the returns exist
@ThePumponomics@cryptoPenguin47 If you see the last bear the narrative there was similar to the bull i.e. defi,nfts etc dominated however once the new bull started in 2023 the narrative shifted to memes and L1s so maybe it's same thing time which ultimately means that you can't trust the bear market narratives
@NejcZibert@CredibleCrypto@ThePumponomics You can forward the rewards to llama airforce where you can then get the rewards in stablecoins instead of many small tokens which you get on votium if not forwarding enabled.
@CredibleCrypto 2) so basically gauge system only works when there are new entrants in into the stablecoin market as they are not establish and thus need curve gauges to get liquidity for their stables,but once they either fail or secure their own moat,they will stop using gauge system
@CredibleCrypto Cred won't the gauge system be useless when the stablecoin market becomes efficient and thus they won't need to attract liquidity since they have their own arrangements? For example usdt and usdc don't incentivize LPs as they are already integrated into the system.... -->
@WhiteWhaleLabs Good morning Legend!
I would use these funds to better my life even it's a little bit!
I have been following you for a long time amd have utmost respect for your ethics and contribution to the community! I hope to be like you one day
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@CredibleCrypto@JDan2411@Ramyelshafay How do you stay so humble cred,this space has made me cynical in just 3 years,you have been around 7+ years, pretty underrated that you preserved your sanity this long haha
@CredibleCrypto Max pain scenerios are either
1) it pumps like ZEC in the 2021 bull (roundtripped before reaching near highs)
2)Rips the band aid off and pumps like crazy to $30+ (low probability tho)
I am fully invested but feel like i will either round trip crazy or sell too soon aghh
@CredibleCrypto Won't crv emissions go down in value overtime? So eventually cvx's value proposition will also go down since it's all about controlling the crv emissions. Bagholding my cvx for now tho haha
@PinkBrains_io Wow that's a great breakdown,i have been thinking about this vemodel vs other model debate past few months but you laid it out in one place really well!
@maniac94846 @Cole_Walmsley Fully agreed wrt first point, fixed supply is still a niche issue but yeah the bigger issue at hand is the rotten current financial system.