Being right takes time.
Double down on your thesis and study patience.
I learned this lesson with @maplefinance / @syrupfi
TL;DR:
> Based team of TradFi Gigabrains led by @syrupsid who has been building this since 2020.
> Just crossed $3 Billion in TVL
> Made $1.3 Million in fees last month
> The proposal to increase $SYRUP buybacks from fees to 25% just passed.
Sitting at close to 500M in FDV with $3 Billion in TVL looks undervalued to me. I am biased since I have been talking about this project for months.
Somehow @DefiLlama still pulls the wrong data.
This is the edge. Most people only look at Coingecko which pulls Defillama Data.
Somehow people think @OndoFinance is the better #RWA play even though it's very overvalued compared to $SYRUP.
Ondo has a FDV of $9 Billion but only has $1.3 Billion in TVL. They are great at marketing and paying KOLs but just looking at the numbers I would go with $SYRUP.
Conclusion:
Just like with $HYPE I don't have enough $SYRUP.
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