1. I was excited for this project for a lot of reasons... mainly bc I thought they'd incentivize liquidity on Uniswap/sushiswap for 3x tokens. In other words...
I envisioned being able to go to Uniswap and buy 3xYFI bull/bear tokens for example. That would have made it the easiest way in the world to get leverage on just about any asset
2. The dev didn't seem to see Uniswap liquidity as desireable or possible on 3x tokens... I call bs since 3x tokens have been succesfully trading on thorchain's bepswap for months. Synlev had an opportunity to be doing the same on Ethereum instead of Binance Chain
I feel the deepest pangs for the ones who look at crypto charts, see parabolas & say we're in a bubble
they don't realize they're looking at charts that shouldn't exist
More👇
2/
such charts weren't possible before the birth of #bitcoin
such charts display the financial progression of an idea from conception
to implementation
to adoption
3/
sers, such charts cannot resemble the financial charts of the past
looking at such charts is to gaze into a black mirror where you could have bought and sold shares in Uber from the moment Uber was first conceived of as an Uberish idea
4th thought: They're adversarial AF to investors who are holding something w hardly any cashflow
5th thought: What's to stop them from coming back to mint another quarter billie?
6th thought: I'd rather own token x at this point
8th thought: Don't you do that, $YFI... don't you compare yourself to other projects. You can't. You're different. You play a different game than all the rest
9th thought: Wow. I think about crypto too much to be feeling this emotional