The bearish case for $LUNA is that both of its two major apps, and , are heavily relied on token incentivization, to the extent that I think they may not even work once token emission is significantly reduced.
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your views might come in handy here
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Interesting perspective. On the mirror arg, i dont believe liquidity would dry up if LP rewards disappeared- most liquid assets in and out of crypto are very liquid despite not being incentivised. If mAssets are valuable to users at the end of 4 years, they will remain v liquid.
You are correct re mAssets, ser
Let's address the Anchor hush hush. I could spin up a fork of Anchor and make it more profitable for borrowers, and it would lead to yield compression. Yields would converge to avg money market yields. Borrowers will end up with 99% staking yield.
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Then do it
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