$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 ๐งต๐
๐ For investors directly staking & restaking one swETH, they only get 60 Pearls.
๐ However, if you had farmed with 1000 $EQB they would receive 104 Pearls every week.
๐ 1000 $EQB would cost you $210 at a current price of $0.21.
๐ You will receive 52K $vlEQB for locking 1K $EQB for 52 weeks.
๐ You can use 52K $vlEQB to vote for the swETH pools and farm 104 Pearls each week.
๐ They can earn MORE pearls if they repeat the voting process weekly.
๐ท Fundamentals ๐ท
From the fundamentals wise on why I think $EQB is a good pick:
โ $60M TVL breached
โ LSD and LRT narrative will only get stronger
โ Bribe war goes beyond @pendle_fi as the demand $EQB will only intensify with every protocol wanting the largest bribe
โ @Equilibriafi will be convergence point for any supercharged LSD yields
โ @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... ๐ญ๐