Bullish on $FWA post-incentives. Activity dipped (expected) but stabilized at $30-50k/day in fees.
Founder adapted fast on buybacks and value accrual. Main risk now? Usage drops. But unlike most tokens, platform-token alignment is tight.
Protocols building on FWA already (4 in <1 month) got ETH OGs excited. ETH needs a new primitive to cook with—this is the best shot we've had in a while.
Curation is the moat. If FWA locks in truly unique assets no one else can access, it's game over for competitors.
Founder adapted fast on buybacks and value accrual. Main risk now? Usage drops. But unlike most tokens, platform-token alignment is tight.
Protocols building on FWA already (4 in <1 month) got ETH OGs excited. ETH needs a new primitive to cook with—this is the best shot we've had in a while.
Curation is the moat. If FWA locks in truly unique assets no one else can access, it's game over for competitors.