Well ...
"xPolycub will become a collateralized asset ..."
Reference has been made to adding both bonding and collateralized loans. One of these days (will this new functionality come with a fully audited review of the associated code?) ... If I was to give fuller input ($0.04? 😉), I would like to have seen this functionality fully operational at "launch."
Why?
From my understanding listening to their AMAs, etc., the LeoFi team views this as critical to driving the demand side of their new platform. How do you have a successful "ecosystem" without addressing demand? Was it sufficient to just rely upon high APRs at "launch?" Which was known, in advance, to be designed to "evaporate" pretty quickly? Was it hope that their MVP approach would be good enough?
Only they could say why they elected what is happening now - a "phased roll-out" ...
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I agree with everything you said but it's always up to the team how they want to launch their product. It's a learning process for all of us I guess...
Not a fan of how they handled it so far but I still have high hopes for it. At least the holder numbers are growing, slowly but surely. 550 isn't that bad but it needs to keep growing to become sustainable, that's for sure.
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