I saw a project claim that Kaito’s yapping had lowered the quality of their project, but I disagree.
Through Kaito, I first discovered @defidotapp. I learned about its products, studied the team’s vision, actively used the app to earn XP, and eventually received the $HOME airdrop and staked.
I can also refute the pessimistic stereotype that the community will leave after the yapping phase & TGE by pointing to @defidotapp again. As I mentioned in a previous post below, watching the team’s progress has allowed me to feel their ambition and passion, and finally I’ve come to the conclusion that I must hold $HOME.
If you have a product with a convincing vision, excellent quality, and a team more ambitious than anyone else, let people yap as much as they want! It creates great synergy and provides people with an opportunity to be drawn in.
Still, my conclusion is the same, My $HOME has no ceiling.
Higher!!
🔥 Personally, I'm still bullish on @defidotapp Season 2.
1 billion $HOME will be distributed based on XP, and 100 million $HOME will be distributed through a 60-day Kaito leaderboard campaign.
According to the recently passed governance, 80% of the protocol's revenue will be used for $HOME buybacks, and there will be a $HOME buyback corresponding to 150% of the Kaito campaign.
Currently, the yield farming is not very efficient, but there is a structure that allows for a 3x boost and reward unlock through $HOME staking.
Recently, it was announced that stable swaps are also allowed, but be careful as simple stable swaps may not yield good efficiency.
Personally, I feel the ambition to resolve the current imbalance, which is not profitable, through $HOME's rise via buybacks, so I am bullish. I have $HOME locked up until December and have not set any hedges.
Using the app for real use while tweeting reviews seems to be the most stable strategy, and for the alpha males, holding $HOME might be the answer!?
I am also maintaining my KoKATU faction.
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