guys, i think we might be on to something here
IDLE
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No shit. Look at the accumulation by whales happening on Etherscan.
Now shut up.
sorry mum, i am going to do the dishes tonight
Kinda slow... Harvest has had them integrated for 2 weeks now.
inb4 nigerian schizo
lol posted this and a violent drop followed hahahaha wtf
wow, immediately bought up
Yeah they arent fucking around. And the distribution is getting reduced to 1/4th of what it currently is.
Grab what you can
i hope this doesn't mean a tvl exodus by all those whales
That's the million dollar question.
Personally, I think the yearn USDC vault will certify Idle's position as a possible new DeFi bluechip, meaning MC has a lot of catching up to do.
If that's the case, whales won't sell. And even if they do, it'll be a lot like a BTC halvening where there's an initial dump, the supply slowly gets eaten up, then the price explodes as the value catches up to the new scarcity.
Idle will only trickle in for LP's and probably trade somewhere near Comp's current value.
All just my opinion, we'll see how it plays out.
Either way I'm excited to see what the USDC vault entails.