$W Don't be fooled by the good-news smokescreen around $W 2.0's staking upgrade.
The whole crypto world is mindlessly hyping the cross-chain leader, but no one dares to look at the glaring reality on DefiLlama: the protocol's net revenue is stuck at $0, with all the toll fees siphoned off by the executors, leaving the token with no value accrual whatsoever. Even more suffocating, the new plan doubles down on routine unlocks every two weeks.
Zero revenue can't support a frothy market cap, and staking is nothing but a smokescreen to lure people into locking up their tokens. Once the good news is fully priced in, liquidation time begins. When the scheduled selling pressure hits, you may not even find a buyer when you try to cut your losses.
#比特币期权波动率创五年新低 #W $W
#RSR $RSR
👇
The whole crypto world is mindlessly hyping the cross-chain leader, but no one dares to look at the glaring reality on DefiLlama: the protocol's net revenue is stuck at $0, with all the toll fees siphoned off by the executors, leaving the token with no value accrual whatsoever. Even more suffocating, the new plan doubles down on routine unlocks every two weeks.
Zero revenue can't support a frothy market cap, and staking is nothing but a smokescreen to lure people into locking up their tokens. Once the good news is fully priced in, liquidation time begins. When the scheduled selling pressure hits, you may not even find a buyer when you try to cut your losses.
#比特币期权波动率创五年新低 #W $W
#RSR $RSR
👇