You are viewing a single comment's thread from:

RE: Crack Reduction Incoming!

in LeoFinance5 years ago (edited)

Great news about beefy... this will simply send us to the moon. And yes, we have an edge on the market because we already trust Khal.

Personally I don't think inflation affects demand or supply on the market at the moment. Literally almost 100% of the cub earned are being held by diamond hand degens, making the supply very low already. And the APR will remain huge even after the 33% reduction, well above other farms. So no change in demand.

Right now adoption and new intrants buying is what is driving the price up imo with minor selling by people who want to cover their 4% fees or some farmers who aren't holding.

Also expect hive to spike. Good times 🚀

Sort:  

making the supply very low already

That's the thing about the LP farms.
Supply is massive.
200k CUB is for sale right now just in the BUSD pool.

When the degens start getting wrecked by impermanent losses and everyone FOMO's into CUB den is when things really get interesting.

That seems very likely to happen.

Posted Using LeoFinance Beta

💎 🐾 , not selling nothing 2021