$USUAL is not complicated, it is the earliest Pool 1 2 3 model, the core indicator is TVL, and a higher APR is to attract more TVL. This stage of the positive spiral is very cool, because it looks like a perpetual motion machine. The key node is that when the APR remains high, the TVL does not increase, and whether people will 33. Of course, the most important point is that Binance provided exit liquidity, so those who understood the mechanism too early did not get on the car, because they did not calculate that Binance would come.
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Kay Capital
@keyahayek
12-20
看了一堆给 USUAL 大乳辩经的帖子,是一点没看出来和 21 年那些 Pool 1 白嫖 / Pool 2 LP / Pool 3 Stake 有啥区别,和当年真正 Ponzi 飞升模型那是差远了。
除了加了个底层收益,以及奖励池本身有个反函数。这都不是什么本质区别。
区别就是 21 年的野矿们不会开盘就上币安给挖矿的长期 exit liq。
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