If rebasing doesn't work...Will this?
Hi everyone. I am a long-time lurker in the sub and happy to discuss some of my thoughts on the current state of DeFi but to also collect some feedback on a project. I have been warning against the recent surge in rebase projects like Olympus and Wonderland and have been met with a lot of resentment and anger. I have a degree in economics but it does I really don't think it is required to understand that these rebase projects are not sustainable. Like, it doesn't take a game theorist to understand that everyone selling = bad haha. But I understand that just about everything is following bitcoin and this is one hell of a retrace we are having. I personally have been working hard on a new DeFi project for the past 6 months and we were very close to launching in the past two weeks but I am so happy I did not consider the state of the market. The real purpose of this post is to get some feedback on what DeFi investors want to see and for you to rip my project apart. I know that it is going to be met with skepticism and some of the concepts might not be explained properly but It would be very helpful for people here to play the devil's advocate to help us refocus and tailor our final dev/content cycles. I have no clue if links are allowed or not but the project is called Novo and our website is hereIf you are interested in giving me feedback, it is probably most helpful to read out documentation and more specifically the "rest & reflect" section. Thanks, everyone and hopefully things start turning around soon!
Ingrandisci immagine - Repost: If rebasing doesn't work...Will this? (from Reddit.com)
Hi everyone. I am a long-time lurker in the sub and happy to discuss some of my thoughts on the current state of DeFi but to also collect some feedback on a project. I have been warning against the recent surge in rebase projects like Olympus and Wonderland and have been met with a lot of resentment and anger. I have a degree in economics but it does I really don't think it is required to understand that these rebase projects are not sustainable. Like, it doesn't take a game theorist to understand that everyone selling = bad haha. But I understand that just about everything is following bitcoin and this is one hell of a retrace we are having. I personally have been working hard on a new DeFi project for the past 6 months and we were very close to launching in the past two weeks but I am so happy I did not consider the state of the market. The real purpose of this post is to get some feedback on what DeFi investors want to see and for you to rip my project apart. I know that it is going to be met with skepticism and some of the concepts might not be explained properly but It would be very helpful for people here to play the devil's advocate to help us refocus and tailor our final dev/content cycles. I have no clue if links are allowed or not but the project is called Novo and our website is hereIf you are interested in giving me feedback, it is probably most helpful to read out documentation and more specifically the "rest & reflect" section. Thanks, everyone and hopefully things start turning around soon!
Ingrandisci immagine - Repost: If rebasing doesn't work...Will this? (from Reddit.com)
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