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Coop
@coopahtroopa.eth
We value crypto projects by the amount of ETH locked inside a product or protocol. Then we value its native token as a multiple on that ETH locked. Now - does that ETH or token need to actually do anything? For all intensive purposes... no. Strange world we live in.
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antaur
@antaur.eth
What if what it 'does' is acting as a magnet creating a magnetic field Good LPs = attracting attention, energy, intention etc. for long-term Bad LPs= repelling the above too fast and trapping toxic energies Not well thought out, but how does this resonate?
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chinmay.eth
@chinmay.eth
These are speculative valuations. This is exactly how stocks were valued in the early days.
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athens.loopring.eth
@madeinathens.eth
We mint In Real Market NFT Payments to run In-Store adoption π
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Pseudo π©π
@degencaso
Liquidity locked as in secure?
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Apurv
@apurvkaushal
For at least some products though ( Base with native yield etc.) , it does make sense as its like a treasury generating real returns on the investment. And # active wallets is a better metric for other consumer facing products imo ( excluding bots which is tough..)
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Saifrehman
@saifrehmani
Give me my degen tip sir
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patrick17 π©ππ΅βοΈ
@patrick17
I think community creates the "value" Community is all!
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RogelioπΎπ»πͺ
@rogelq
π―
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Zenigame
@zeni.eth
This just means we're still early (unironically) cause we're using a rough proxy metric to measure value.
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NFG
@nfg
Your assessment seems on point without context, but once we delve into the specifics, it veers quite off course.
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