treebz

five years ago, this became the most famous button in finance. now it lives on Robinhood chain. $BUY

Should’ve worded last post better I’m giga bullish on DEXs & been very early to extended / lighter same as HL But I use them to actively trade and not farm points. When data wasn’t skewed it felt much more natural to see how the books are actually doing, what the numbers mean and how the team performs -> evaluate the token & future progress. The last couple months everything has been about “farm points until TGE” vastly overshadowing the sustainable path long term what’ll happen after. Data is awfully skewed. OI is meaningless when MMs / liq traders farm inefficiencies keeping positions open and so is volume on low fees with points incencitive causing retail taker flow spam Entire timeline talking about points valuation instead of what to do with the token is a major red flag indicating most are simply here to fiat extract post-TGE. Lighter is still very unreliable to trade on. All the issues you experience actually trading especially with size >1m are entirely ignored or at least very rarely debated / brought up. Doesn’t give the neutral, criticized vibes HL had ‘23 rather full blown bullish everything is perfect psyop Bearish thesis is mostly LTF until we see proper data, user base conviction & consistent roadmap goals being hit before deadlines. My bet is they’ll prob announce fee increase + holding token to get back ~0% to capture revenue that’ll also be an interesting event. Remember, HL had even rising metrics & holding them post-fee increase + consistent solid product. That’s why it ran and why large entities jumped in. It’ll take anything close to that to be evaluate a similar rally imo

Robinhood Chain is the fastest EVM chain to hit 100M txns

🇧🇷 INTERESTING: Brazilian farmers are tokenizing dairy cows as blockchain-backed collateral to secure loans.