DFD 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.
if your not holding Injective $INJ you literally deserve to be poor after the run this thing is going to make
Nicholas King
OOOOOOOOOOOOO
Colton Baker
Op green id
Isaac Williams
Saffron Finance is criminally undervalued right now and is using risk averse tranches to essentially do what Yearn cannot in the DeFi sector. They've been announcing a metric shit ton of partnerships this week, everyone seems to be wanting to get a piece of the pie. It's about $450 right now a token, so a little expensive, but if you could've bought YFI at $450 you would've jumped over your own mother to do it so idk
Positive only rebaser. Proven team that's been around half the year and created some really cool NFTs. Team already has one of the few tokens officially affiliated w/ OpenSea for payments.
Less than 24 hours old (only 1 rebase so far, and slightly lower than pre-sale price rn). Fewer than 300 addresses. Not even on Gecko yet (coming soon). Zig Forums you never get in this early.
Don't say you weren't told when it goes 10-100x.
Carter Myers
Ramifi Protocol.
Jacob Clark
DFD
Juan Gomez
I picked up 5 ETH last week to swap to other alts and I still can't send from coinbase. Shits slow as fucked and now I'm screwed.
