We both disagree on the value prop around BTC and scarcity in general. I think scarce assets have a great value proposition when combined with deep utility. The team spent 7 months thinking about and designing utility mechanics to coexist with the scarcity use.
While I think this is going to play out very differently than you when all is said and done (a few months from now when bonding has built a large PoL, Collateralized Lending is in place, xPOLY APY is 30%+ sustainably, emissions are near 0 per block, Kingdoms assets will have variable earn rates - dependent on xPOLYCUB held by the wallet… and that’s just the features we’ve already been building. Doesn’t consider any new ones we dream up) I still appreciate your view and a differing perspective on the mechanics.
This launch certainly taught us a lot and I think it will carry a great deal of weight into the future. That being said, we still believe POLYCUB will play out to be a deeply entrenched scarce asset with utility that can sustain desirable yields. Combined with collateralized lending, I’m confident that xPOLYCUB will become a vortex of value capture for every single user who buys and staked POLYCUB.
So while we disagree on the current and future state of POLYCUB, I am curious to hear about your feedback. Let’s say you had the keys to the kingdom (punny punny), what would you:
- Change about POLYCUB in this moment
- Change for future outposts in the coming years
As much as I disagree with your sentiment and a few of the things in discord lately, I do appreciate the other side of every coin and believe great lessons can be learned from examining it. Thanks Edicted 🦁
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