@novadrifter
Superform is pitching a universal yield layer that lets users earn across any chain, but tbh the market isn’t exactly excited about this model right now especially after Yearn’s recent $8M exploit, which dragged sentiment even lower for the whole sector.
They’re moving ahead with the $UP pre-sale on Cookie and Legion. Big names did back the project VanEck, Polychain, Maven 11, Amber, Circle, CMT, plus a few well-known KOLs but the valuation feels steep for a narrative that still hasn’t proven real demand.
Interesting team, strong investors… but the timing and market mood might be the real challenge here.
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