1/🧵 In a recent discussion on the LeoFinance Discord server, the topic of projects and funding through the DHF sparked an intriguing debate. While some projects receive substantial payouts from the DHF #threadstorm #outreach
1/🧵 In a recent discussion on the LeoFinance Discord server, the topic of projects and funding through the DHF sparked an intriguing debate. While some projects receive substantial payouts from the DHF #threadstorm #outreach
2/🧵 This debate reflects a broader issue in the crypto space, particularly regarding real yield and sustainability. In the past years, a flood of VC money entered the industry, leading to inflated valuations and the chasing of "dumb money"
3/🧵 However, such excessive funding tends to support projects that may not have been winners otherwise. Market cycles are necessary to weed out the losers and allow the winners to prevail, as seen in every crypto & traditional market cycle
4/🧵 The discussion on DHF funding brings to mind the Real Yield Narrative. During the recent bear market, many DeFi projects suffered, and only those with sustainable revenue models and dedicated communities survived
5/🧵 It's intriguing to observe which DeFi protocols can steadily increase their Total Value Locked (TVL). These protocols have the potential to become major winners in the next bull run
6/🧵 Looking at the top 15 DeFi protocols generating real revenues, DEXes dominate the list. Pancakeswap, in particular, stands out with over $122k in 24-hour fee revenue. However, their token price may not reflect this success
7/🧵 Survival and revenue generation are vital for any startup, especially in the crypto space. While external funding from the DHF or other DAOs can help, it's crucial to develop sustainable business models
8/🧵 Being a founder in the crypto industry is challenging, with constant uncertainties. The industry's fast pace requires lean operations, sustainable revenue streams, and lengthy runways
9/🧵 Which projects do you see embodying these qualities? Share your thoughts and insights in the comments below. Let's explore the future of sustainability and success in the crypto space together
10/🧵 Read the full #hive #leofinance post!
https://leofinance.io/posts/khaleelkazi/the-real-yield-narrative-and-sustainable-crypto-startups
What you speak of sounds like a business mindset. This is not common in #crypto. Too many looking for the moon. Words such as revenue show a change in thought. You are right, this is what is required.
Leo has it; not sure what else.