As a DeFi veteran, I strongly recommend that new projects adopt the token empowerment model of $hype and $aave—direct market buybacks, rather than the ve models like $crv and $pendle.
I hold various DeFi tokens myself, and I just need to check the on-chain records of $hype and $aave every month to see if the buybacks are ongoing.
With $pendle and $crv, you have to extend the lock-up, vote, and claim rewards. Sometimes I really don’t want to frequently operate a hardware wallet; I worry that even if I leave these coins to the next generation, they won’t know how to operate them.
If I occasionally want to change my holdings, I have to wait years for them to unlock. I don’t want to lock them up, so I bought a bunch of $cvxcrv, $sdcrv, and $ependle, $mpendle, and the result is that the price just dropped to 40%.
Any project that requires secondary projects (cvx, eqb) to assist in token holding management is a result of their own token model not being good enough.
@CurveFinance @pendle_fi
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