Post by @stani • Hey
No amount of liquidity mining or yield subsidy can substitute for a superior DeFi product over the long term.
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Tbh stuck to blue chips in the bear, will try my best to do the same in the bull. Or at least 80% of my plays 😅
I’m having this issue in a DAO right now. They launched a governance token to liquidity mine & that’s okay. You made that choice, however you can’t enact policies like you want it to accrue value because the second you choose to liquidity mine, you accept a token that’ll be 10 - 25% of what it could be absent inflation. #Ranting #Governance #LP
Agreed 🤝