Quick shill🧵on $RON and $SLP 👇 1) RONIN -the L2 of the $AXS ecosystem- is launching a new governance token $RON. RONIN currently holds >$8B in assets which is more than ALL other L2s combined (inc. VC shilled Arbitrum and Optimism). But guess what Anon ... There's MOAR
2) This token will be 100% community owned as its only farmable. So what's $RON worth? L2s = new L1 so IMO it'll be a TVL war for the sidechains. Higher TVL = higher valuation = more memes, gifs and more gfs for your gfs
3)$RON will issue 10% of the supply on day 90 (100M tokens), so assuming a 1x MC/TVL the table below shows APR sensitivity to farming RONIN based on various MCs and Pool Liquidity... Do you like 400% APR anon
4) Last thing, $SLP's breakout is no accident. SLP and AXS pools are both entitled to 50% of $RON rewards, but SLP is ~20% of AXS's MC, so based on pool depth we expect SPL farmers to earn more $RON per dollar of TVL provided... Happy Farming ya bish
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