girlgo
@girlgo
Arbitrum will always be the best DeFi chain, but $ARB will continue to decline. My advice to yield farmers: Sell $ARB as soon as you receive them from LTIPP protocols. The Arbitrum DAO decided to allocate 30 million $ARB in total to LTIPP-funded protocols ($ARB incentives). I initially thought this would cause significant selling pressure over the next 12 weeks. However, the monthly unlock amounts are even greater: Every month, the team, advisors, and investors receive a total of 92.65 million $ARB. The FDV in Series B was $1.2 billion. They are still 6.5x on their investment. I suspect they will take profits as the next batch unlocks.
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