Clearly I should not have used the term rugpull at all because out in the crypto jungle rugpull means you just lost everything. The context I'm using it here is just HBD yields dropping to 0%... so nobody actually loses anything... they just can no longer farm HBD yields.
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I had to check the definition to make sure, but "rugpull" is when hype is generated about a crypto, then the devs sell everything and run. A HIVE rugpull (if it were possible) would destroy everything.
Pulling the rug out from under someone is a term that's been around for decades.
In in songs and all kinds of other references.
In this case it's a pretty accurate statement to make.
Farmers are expecting to farm high yields for at least a year because the term APR itself is annual by definition. If yields decline massively all at once the "support" is being removed "suddenly". So fits the definition pretty well but is triggering in crypto because of how inherently risky crypto is to begin with.
I would suppose that both definitions are valid. !BBH
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Yes you shouldn’t have. U even used it on twitter. Not a good look for u or Hive. Worth correcting imo