Listening to the Twitter Spaces with @danielesesta and others. Some pretty interesting things.
@danielesesta The @Wonderland_fi protocol has had some amazing success with bonding and currently has $500 million in treasury. Bonding may not be necessary to grow the treasury in the future.
@danielesesta@Wonderland_fi The team believes the treasury could grow immensely over the next year. To do so they will be using the treasury balance as effectively as possible by investing, farming, or new use cases (gaming, NFTs, launchpad).
@Wonderland_fi may become a decentralized investment firm.
The team is doing some really interesting stuff to become become a DeFi cultural hub and brand.
$Time stakers will benefit from this as the treasury grows.
The goal isn't just cryptocurrency and DeFi though: partnering with music festivals, gaming studios, eSports, etc. will bring @Wonderland_fi into the real world.
@danielesesta is going long on $SPELL, $ICE, $TIME, $BTC and $AVAX.
The longevity drive of @danielesesta and @Wonderland_fi is clear. A simple $OHM fork isn't gonna last forever, but becoming the "Supreme" brand of DeFi may.
$Buy $More $Time
@danielesesta@Wonderland_fi The launch of a new cauldron at @MIM_Spell for $wMEMO is also a big boost to the protocol's longevity, increasing the use case even further as users can now borrow far more against their $MEMO.
- No other project has emitted $3 billion in stablecoin emissions in the first month
- No other project is making this much money each week
- @MIM_Spell isn't like other projects
Don't follow the trend. This is long-term shit.
@_FrogRadio@danielesesta@MIM_Spell@MIM_Spell is the first CDP stablecoin that has lead the pack without a Peg Stability Module. The liquidations are working perfectly and $MIM maintains the peg super well.
$MIM is the number one stablecoin in liquidity across all four chains.
I'll more than make my initial investment of $Blzz back with the platform fees. I lock my rewarded $Blzz back in everyday and get a super consistent income of $Avax, $Btc, $Eth, and a bunch of stablecoins.
I'm also farming $Blzz and vesting it daily. I make about 9% of my initial everyday, buy that isn't going anywhere. I'm gonna vest and lock it.
While it's vesting I earn even more platform fees in $Avax, $Btc, and $Eth plus stables.
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.