Tends to mean explosive positive price movememt for BTC. Id say we are perfectly fine.
Not really lop FXS is a farm token
Ya and also FXS is slowly bought back from the market with AMO profits so it is even better than BTC since there is constant protocol buy pressure for FXS. But just like BTC, I don’t expect positive price action on the first second that the emissions halve. It takes some time for the supply crunch to squeeze the market.
Has the same affect. Supply amd demamd. FXS is much more than a farm token lol. Its rewarded by liquidity mining, sure, kinda the standard distribution method in web3 these days if you hadnt noticed. But it grants you a portion of protocol revenue on top of governance power, and most protocols absolutely do not do that.
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