One other interesting thing I learned about Harvest is the more TVL it has, the more it farms. Their most significant farms hold Curve and it looks like Curve is about to pump so this is like a proxy trade where it just gets carried
tvl will increase, buybacks will increase, etc
also the lower the FARM price, the more it can be bought back. Meaning price literally can't stay at that level much longer if assets in their pools start pumping which seems to be the case
Still need to research more on Pickle's token mechanics. For now I think FARM easily goes above $2,500 this season. Pickle is such a lowcap will definitely go 3 digits
Interesting thread. Here's why I think something similar can happen:
Altseasons happen because "new money" comes in. If it comes, why would anything be different? Think most people have this bias because they already learned from their mistakes of bagholding for years