i'm seeing very little effort from many ecosystems to make the token holders whole
and i'm not talking about chains with 1-2 years of activity, which still maybe have to find pmf, but chains with big history and also huge numbers in tvl, activity, traction, etc.
polygon is the most emblematic example: the chain has two of the biggest apps that then industry has ever seen, courtyard and polymarket, yet there seems to be zero value accrual mechanisms that sustain the price
hyperliquid started the revenue meta, but i think it's now the time for the token price meta
tokens are a proxy of the exposure to the ecosystem - if i believe polygon can execute well bc it has polymarket and courtyard, i'm expecting that i'll buy it and that the price will go up, even if in 4 years
POL has gone down 70% since the token migration event from MATIC
how is this acceptable?
polygon is just an example ofc
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