8) BTW, Beefy generates REAL yield and is trading under its fair value plus it has a long track record and a resilience very rarely seen in crypto.
Other meme coins trade at BILLION marketcaps WITH NO REVENUE
Let that sink in but not for too long 😉
https://t.co/B2X5r7FW5y
1) 🚀 THE ULTIMATE VALUE PLAY, ITS TIME TO WAKE UP!! 🚀
Listen up, fam.
If you aren’t buying $BIFI | @beefyfinance at these levels, you are literally turning down free money. Let’s look at the actual math behind the Beefy Treasury, because the numbers don't lie...🧵
I do feel a bit of regret about why Binance removed $BIFI. This is a token with a very trustworthy team. Their accumulation strategies, treasury management, and even accumulating BTC and ETH are similar to what Michael Saylor is doing with his fund. The team’s treasury holds about $1.3 million in cash, 15 $BTC, 200 $ETH, bla bla deposited on Aave, earning around 3% annually. With just that APR and an FDV of only $5 million, the dev team has been able to buy back about 500 $BIFI per year! Not to mention their consistent revenue—by 2025, revenue still reached around $3.5 million USD. P/S is around 1.5. Honestly, their management is better than many coins that get listed at high valuations and then get dumped by VCs and devs onto retail investors.
But it’s okay—@Binance also just wants to protect their users. If you look at the BIFI chart on Binance, it’s true that with a max supply of only 80k tokens and over 60% already staked, liquidity is extremely low. That means just $500k from a small market-making team could easily manipulate the price. This isn’t the team’s fault, nor Binance’s—it’s just unfortunate circumstances. In the short term, the price may be highly volatile, but I believe that with the way the team is operating, one day they will achieve what they truly deserve.
From now, I will move my $Bifi for staking to get 10% APY with real yield!!
In the past, I just use binance for earning to save the gas fee, now I have to change to adapt
Respect to both the team and @binance !
I think this is a pretty critical step. With crosschain support, the transition between different chains becomes easier and the opportunity to use liquidity more efficiently is arise. Access to many strategies with one click also seriously simplifies the user experience.
Beefy Finance doing this with Circle CCTP is also positive on the trust side. If it works smoothly, this feature can create a really strong competitive advantage.
You're telling me,
there's an 'Uber' competitor on Solana called 'Teleport'?
I just came across this. I own 0, not sure if there's a token.
- Drivers earn "much more".
- Users pay "a lot less".
- Uber takes 44%, teleport takes 15%
- Onchain rewards to motivate early adopters
- Drivers earn 'TRIP' rewards
- Actually active and being used?
Now THAT's interesting.
Not sure how adopted this is currently.
But at first glance this seems very well put together as a retail app that can leverage blockchain for cost/time efficiencies.
Interesting. I'm watching.
Has anyone used?
Their guide -> https://t.co/YgQcy3MZfJ
Twitter -> @teleportxyz