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7) that alone places them in the upper pantheon of tokens. _And_ they put those thoughts into their product. No way! They're in the very short short-list of L1 blockchains that seem to be 'legit'. I've also heard Serious People say Good Things about

8) some people say

is like if ETH2.0 launched today, though I don't have first-hand conviction in this, and also think that if you're not ETH you should be aiming a lot higher than ETH2.0.

is a cool example of "company that is high upside and executing well on the plan even if you ignore crypto, also they're backed by a token". Generally "token with revenue" > "token without revenue", all else equal!

SBF

@SBF_FTX

Sep 21, 2020

10) alright I'm confused by $YFI. On the one hand, I think people don't realize that while it itself isn't yield farming, it's revenue comes from yield farming, so it's still really tied to it. So it crashes with farming. On the other hand,

is a baller.

11) and in particular,

@AndreCronjeTech

keeps building, so though I'm bearish on YFI as it exists right now, YFI might become something much more powerful over time. IDK, YFI seems much more like a bet on

then a bet on

to me.

12) to be clear I would short sell the shit out of those models attempting to directly project TVL/earnings/etc. of YFI as it exists today. But like I feel a lot less good shorting

@AndreCronjeTech

's building. Lots have done that. Few have won to it.

SBF

@SBF_FTX

Sep 21, 2020

13) alright, again, I'm ignoring $BNB $HT $OKB etc., and $COMP $LEND $AAVE $BAL etc., because yeah obviously they have real products, also everyone knows them.