And sure, they operate in different sectors, but let that sink in.
2/ P/E ratio shows that $FARM is insanely undervalued.
On the other side, $SNX, while being a great product, is off the charts because of capturing *only* $50K daily at a $2B valuation.
3/ On top of that, $FARM hasn't been listed yet by any top #CEX as compared to most of the other yield accruing protocols.
$BOND $PICKLE $VALUE $BADGER $YFI
4/ Bonus: IF, I repeat, if all the protocols were to pay out dividends based on the amount of $ they capture for their stakeholders on the same basis:
Shown as per dollar invested.
$SNX $AAVE $UNI $COMP $FARM
5/ On a side note, it's still really hard to calculate or even get the right $ numbers in #DeFi. Some projects don't disclose them or their dashboard/dune analytics show everything from user growth/platform usage but not $$$ :/ If you spot a miscalculation, let me know!
+ @harvest_finance will continuously funnel liquidity to Sushi, increasing TVL and lowering slippage
+ Low price impact risk due to 1-year lockup + 2-year vesting
+ Harvest will move its liquidity incentives from @Uniswap to Sushi
3/ Why should you care as a $FARM hodler?
+ Harvest would be financially incentivized to contribute to the success of Sushi
+ @harvest_finance and @SushiSwap can collaborate on cross-chain liquidity provision
1/ Unlike DEXs, it's so small so that its important participants can be counted on one hand.
2/ Yes, there is also #DYDX but it offers lending only for $DAI, $USDC & $ETH (v low rates). Plus it doesn't have its own token(yet) so I'll skip this one.
3/ Yes, there is also $CREAM but most of their rates trend towards 0% plus that recent exploit...