Thread by @WoundedViking

As $SFIN has officially dropped below $BTC price, it’s currently around 38k $CAND, let’s discuss thoughts on it’s direction from here.

Pro’s:
Only 11,000 total supply
Passive income 3 ways.
Staking in Governance, Loans, Farm.
Weighted Governance votes over @FlareFinance DAO

Con’s:
Large sell pressure as a reward token.
Gamma phase FF is stagnant, often stuck in recovery mode.
Bad public image, Fear, uncertainty and doubts.
Canary network.

If you are a believer in @FlareFinance building a useable #DeFi platform on a fast, secure, scalable net...

You would simply wait for the price to crash to the lowest possible price and then pick up as much as you can. $80k for 2 $SFIN right now?

Then you need to think, will it go lower? We will likely see more sell pressure come from more liquidity pools in #FlareFarm, but they

Will bring more TVL for the ecosystem.

Governance voting will bring another steady yield.

Staking in loans will become lucrative whenever ExFi can pull out of recovery mode.

Once the bottom is in, it likely won’t come close to it ever again as FF will keep building more yield

What is your price where you would seriously consider buying 1 or more SFIN?
I personally never expected less than $100k, so this is already surprising to me.