As always great analysis Mawit. I also noticed my rental yields dropped by about 90%. I believe (after initially being against ghost cards even though I still dont like ghost cards rewards as I think they go against the spirit, no pun intended, of NFT ownership) that maybe, just maybe we have sunk a few large bot farms with the introduction of soulbound. These were probably farms who were renting and dumping their profits back on the market and can no longer do so. Having said that we have been here before and it is more than likely they are sitting back and trying to figure out a new profitability model.
You are viewing a single comment's thread from: