There market is cratering, and nobody knows why. The biggest risk I see for early stage tokens is the reflexivity of their business models.
The premature use of revenue to fuel buybacks isn’t saving anyone in a macro liquidity crunch (or whatever is going on).
It’s why the @arbitrum DAO has been preparing for this moment. Carefully. It has almost $200m of non-ARB assets that it controls. If chosen, it can be utilized to grow the business.
It’s certainly cautious times ahead, but it’s why you strive for sustainable growth of the business.
Arbitrum Everywhere.
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