1/n - I think we have reached peak alt disinterest
5/n - For example, in the new L1 $INIT, $1 of bribe nets the eco ~9 es $INIT. if you were a large user, you could make off ~$3 for $1 spend
Dear Whales,
If you are a large user of a specific Interwoven Rollup, at this bribe ROI, it might even make sense for you to bribe on behalf of said rollup.
Ex. I (metaphorically) hold 50% of milkINIT supply.
I bribe $1 for MilkyWay, it gets $8 of esINIT emissions.
$2 -> operator (20% commission rate iirc)
$6 -> milkINIT holders, 50% is me, $3 to me
note* I don't think Cabal UI is factoring in the 2m votes from FDN per rollup
9/n - another example $JELLYJELLY - how many people watched this video (public) and saw that the ex venmo founders are putting a token into the core of a social app that's trying to utilise crypto in a non ponzi manner?
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