It makes me wonder how many projects will survive all the volatility in the markets. PolyCUB isn't doing so well even though it's the first week and I saw that someone dumped a whole ton of CUB on the market too. Will most of the Defi projects end up failing or will they still be around in the future? It just seems like there are flaws in the system and we might need to wait for a Defi 3.0
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How is POLYCUB not doing well?
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Well, most of the APRs seem to be linked more to the price of PolyCUB. I have noticed that I am getting less and less xPolyCUB and the rate it is going up also isn't going up as fast. It seems to be slowing down as people don't seem to be that excited either and I wonder if the deflation will affect the liquidity in the farms.
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It appears that the current market price of POLYCUB is perceived as the same as the project itself.
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