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Content
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Coop pfp
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 pfp
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 🧺 πŸ“ˆ pfp
Chinmay 🧺 πŸ“ˆ
@chinmay.eth
These are speculative valuations. This is exactly how stocks were valued in the early days.
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athens.loopring.eth pfp
athens.loopring.eth
@madeinathens.eth
We mint In Real Market NFT Payments to run In-Store adoption πŸš€
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Apurv pfp
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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patrick17 πŸŽ©πŸ–πŸ”΅β›“οΈ pfp
patrick17 πŸŽ©πŸ–πŸ”΅β›“οΈ
@patrick17
I think community creates the "value" Community is all!
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RogelioπŸ‘ΎπŸ‡»πŸ‡ͺ pfp
RogelioπŸ‘ΎπŸ‡»πŸ‡ͺ
@rogelq
πŸ’―
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Zenigame pfp
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 pfp
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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Sardar pfp
Sardar
@sinaasadi78
It's a strange world, but the second layer of Ethereum is great
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