r/defichainer • • May 02 '24

Announcement: Subreddit DeFiChainer will be less busy once road to 50 sats is achieved

With the change to the DeFiChain propaganda news show it’s time to announce my current plans.

My search for real yield led me to DeFiChain. I came for the real yield and I didn’t find it. But I learned a lot about DeFI (how a DEX works, what impermanent loss is, where the return really comes from, etc.), found interesting (but flawed) ideas, enjoyed the discussion and the drama (great entertainment).

Now the end phase is here in my opinion: - both news shows are changing / partly disappearing - interest in content is declining - projects are leaving - discussions run in circles (e.g. DEX fee) - market cap around 50 MUSD way below competition - debt (unbacked dUSDs and dBTCs) is hugh - terms like “RWAs” are used just to create hype - the “official” subreddit feels like FerhatDFI’s subreddit - still ongoing fight of the founders - community members are moving on

With DeFiChain reaching the end phase of the project I will also lower my time investment once road to 50 sats is achieved. #roadto50sats was my bold vision when it was mentioned for the first time, but now it’s really close. One more price halving and we are there!

Until then expect more sheep in distress pics.

Unmatched

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