Because we got rekt and still remember the lesson.
- OHM stalkers got rekt
- most veTokens are down only
- UST & algo stables ponzi failed
- anything long term staking is sus
We’ve learned from experience and TradFi will learn, too!
We need to reset our memories.
Gwart
@GwartyGwart
21 hours ago
These BTC treasury companies are far better ponzis than any crypto native Ponzis this cycle. No one dares to dream anymore. Where are my OHMs and my cvxcrv 4 year lockups? Why does no one innovate on mechanisms that need new users to pay out the old users? I fear we are washed
There were actually onchain treasury experiments onchain:
- @eth_strategy - seems failed
- @FartStrategy - Strategy for Fartcoin
There's little onchain demand for these. We know it's not sustainable and PTSD still haunts us.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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