DFD staking will go live THIS week, with 50% of all revenue from DUSD staking going towards the DFD vault in the form of BUYBACKS. DUSD revenue is dependent on the curve DUSD pool's yield, as well as the amount of DUSD in circulation (higher for both is better). Therefore, the more DUSD minted, the more DFD bought back.
Sushiswap & DefiDollar are going to incentivize an ETH-DUSD pool, which means that all LPs for USDT-ETH, USDC-ETH, DAI-ETH on Sushiswap can switch to LPing for ETH-DUSD for higher yield. The more that do this, the higher the amount of DUSD in circulation, the more buybacks for the DFD staking vault.
The more buybacks, the higher the DFD price, the higher the yield for ETH-DUSD LPs, the more DUSD minted, a positive feedback loop is born.
If just 5% of all ETH-stablecoin LPs already on sushiswap switch over for the higher yield, that's $35k per day in buybacks for DFD, or 1.5% of circulating supply per day bought at current prices.
there is no reason to buy fucking eth, you should sell everything to get some profit > go base and don’t take care about lossing, check this fucking pump on Uniswap!