According to a verified TFL insider, the entire core team working on Anchor, including the creators of the Anchor whitepaper, quit TFL before Anchor's release because of Do's adamant decision to force an unsustainable 20% interest rate that they knew may result in a collapse.
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You make it really hard to take anything you say seriously anymore. 20% was not at all unsustainable at the time of launch, was even profitable for many months, and the entire core team definitely did not leave
I'm relaying a source's info. 20% was not unsustainable at launch (obviously, the YR was in a surplus!) but with sticky rates it's long-term unsustainable - you need to either cap deposits or kick in variable rates faster. Also, yes, the entire core research team left. Everyone.
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Variable rates + 7-21 day unlock times
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You start with 20% and lower it when necessary, they didn't respond fast enough when it was necessary, but it certainly wasn't that wild. It's not obvious its in surplus because you still need people to use the borrow side. Ah so now its the core "research" team! Not everyone
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dear westie leave the trolls to the trolls im used to live under the bridge they not you not <3
End of conversation
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Best part about fatman is seeing the LUNA influencers who would spew ANY detail about terra, substantiated only by the word of tfl or anecdotal evidence, now questioning every detail of a guy who is doing almost the exact same thing but with actul factual support
@WestieCapital -
If your going to have "researcher" in your bio at least do research. The old team is the story, stop changing the convo and debating the yield road map / early sustainability. The team left, provide contradictory evidence or go back to convincing naive retail to follow your bags
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Don't stop releasing facts, always negativity come with good things May they the right things when being in a corner
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