$EQB is moving up very nicely.
I am HODLing on all the way up.
Pearl hodlers are starting to realize that using $vlEQB is the most cost-effective way to farm pearls.
Here's simple math for my pea brain π§΅π
π For investors directly staking & restaking one swETH, they only get 60 Pearls.
π However, if you had farmed with 1000 $EQB they would receive 104 Pearls every week.
π 1000 $EQB would cost you $210 at a current price of $0.21.
π You will receive 52K $vlEQB for locking 1K $EQB for 52 weeks.
π You can use 52K $vlEQB to vote for the swETH pools and farm 104 Pearls each week.
π They can earn MORE pearls if they repeat the voting process weekly.
π· Fundamentals π·
From the fundamentals wise on why I think $EQB is a good pick:
β $60M TVL breached
β LSD and LRT narrative will only get stronger
β Bribe war goes beyond @pendle_fi as the demand $EQB will only intensify with every protocol wanting the largest bribe
β @Equilibriafi will be convergence point for any supercharged LSD yields
β @NGADfuture formation will bring in flywheel effects for existing $EQB holders or stakers
Twitter:
Had an IDO WL-spot of EQB but missed it... Was very sad when I realized that the sale was over... ππ