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Listening to @_FrogRadio with @danielesesta.

A thread on what I've learned...

🧵/🧵
@_FrogRadio @danielesesta Did you know that @MIM_Spell makes profit from its @iearnfinance cauldrons TVL? Not just off the borrowing fee, but the total TVL at Abracadabra.

45% of the profit from the TVL deposited at @iearnfinance gets kickbacked to @MIM_Spell.
The entire focus of @MIM_Spell, @PopsicleFinance, and @Wonderland_fi is on profitability for token holders. The token can gain in price, but it doesn't matter if the protocol isn't making money to token holders.
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