I hope to do a proper thread, but a few quick thoughts on @_veDAO_'s big move.
They were already compounding control of Solidly and Solidex at an unmatched pace.
The benefits they gain with @0xDAO will only accelerate that (and they'll likely compound control of 0x too).
They were already compounding control of Solidly and Solidex at an unmatched pace.
The benefits they gain with @0xDAO will only accelerate that (and they'll likely compound control of 0x too).
They will be one of the largest single controllers of veSOLID, and might have a shot at being the largest.
And since Solidly emissions are front loaded and veSOLID non-dilutive, this would be insurmountable.
IMO this makes them the simplest and most optimized Solidly play.
And since Solidly emissions are front loaded and veSOLID non-dilutive, this would be insurmountable.
IMO this makes them the simplest and most optimized Solidly play.
I mean, think about it...
You functionally get the optimized rewards of Solidly, Solidex, and 0xDAO in a simple $WeVE wrapper.
And those benefits will flow proportionally whether you're a retail investor, whale, or protocol.
"The People's Cooperative", indeed.
You functionally get the optimized rewards of Solidly, Solidex, and 0xDAO in a simple $WeVE wrapper.
And those benefits will flow proportionally whether you're a retail investor, whale, or protocol.
"The People's Cooperative", indeed.
Of course there is much that we don't know about Solidly so these remain risky investments.
But, I can imagine a future where Solidly is going multi-chain and Andre is building his new projects on top of it.
And anyone who wants exposure (👀 @redactedcartel) is buying $WeVE.
But, I can imagine a future where Solidly is going multi-chain and Andre is building his new projects on top of it.
And anyone who wants exposure (👀 @redactedcartel) is buying $WeVE.
So what am I doing about it?
💸I moved everything into $WeVE yesterday.
💰 I expect the $WeVE - $USDC pool on Solidex to best one of the highest rewarded.
🧑🌾 I plan on farming the shit out of it.
More to come!
💸I moved everything into $WeVE yesterday.
💰 I expect the $WeVE - $USDC pool on Solidex to best one of the highest rewarded.
🧑🌾 I plan on farming the shit out of it.
More to come!
And if you're still catching up, read @JackNiewold's great thread breaking down @_veDAO_'s big move.
https://twitter.com/JackNiewold/status/1498865022998622209
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