I think a lot of people are waiting for the new token/protocol to lock up fresh $AERO. I expect both circ supply to go down from people locking tokens and at the same time revs to go way up in July
It will be over 3.6 years before you can spread FUD about aero unlocks.
Not to mention we’re half a month away from July and Metadex03 upgrades
Soon there will be another colour for you to ignore on the above charts that represents burnt tokens thanks to the momentum fund.
Pro tip: the darker graph on the bottom is locked supply and it’s also going up.
You’re deliberately being misleading when saying lock growth has stalled, or you don’t understand the metrics being displayed in these charts.
50% of supply or more has been locked since epoch 50.
Structural demand provided by DATs could break or stabilize this dynamic depending on size ... that might make them difficult to arrange for these projects, even though the possibilities (given the yield and potential yield) of creating unique instruments from DEX yield are many.
If someone is serious about owning a chunk of certain protocols, they aren't concerned with the price beyond not wanting to inflate it and invite this problem in stressed liquidity conditions.
No defi protocol has yet justified its existence, DEXs in particular. If one does, the resulting reprice will stress available liquidity for the token vs. the immediate repricing the value of ~linearly scheduled emissions.
As a locker you get paid weekly not aware of any other major DeFi projects that return revenues directly to token holders. That’s a convenient fact you left out, google creates new share all the time too what’s your point ?
Thanks for sharing this because these guys are diluting the shit out of their token holders and then they have the cheek to say this. Alexander: Token holders deserve to know how much value is flowing to them and how much is taken from them.