If you get burned by a textbook ponzi scheme you have noone but yourself to blame.
Don’t FOMO in after crypto influencers.
Most of them are dumber than you.
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It's not a ponzi because it's transparent. As you can see from the ever increasing massive liquidity pool anyone can cash out whenever they want and completely destroys the entire purpose of a ponzi in the first place.
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Beware of protocols with cyclical economic pressures. If they reward richly during upcycles when lots of people buy in, they also likely punish quickly during downcycles when most are looking to exit.
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Any views on all DeFi liquidity mining governance tokens out there ?
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Some like COMP are super interesting! Others are probably worthless. If the “governance token” can’t be used to govern atm, one must wonder why they had to be issued right now and why it couldn’t wait until governance is built out
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Hope u held🤡
