Conversation
Bearish on increasing buybacks - a third of all protocol revenue being used for buybacks is high and likely will slow growth or weaken the yield reserve
8
2
64
Same could be said by not being able to keep the 19.5-20% APY and users feeling cheated and deceived.
Do's concern is legitimate, not to long ago the yield reserve needed saving.
1
10
Show replies
How would it slow growth? Other than adding to the yield reserve, what should be done with that revenue instead?
1
2
Bro you cant ask a question like this
Its draining to look at it
GIF
read image description
ALT
1
1
11
Show replies
True - focus should be more on increasing revenue, not increasing rent from existing revenue
1
1
9
1
6
Show replies
Yield reserve is the most important part of Tefi tbh.
This is a prime example of why you never fade people whose sole aim is to strive for excellence, even if it means shitting on those closest to you. Never fade .