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Decentralized Hedge Funds
A lot of defi projects are air dropping newly minte tokens, very inflationary, to incentivize quick network effects. That's a smart move by the project, but it's just inherently unsustainable, right? So if i'm minting more of a token to incentivize people, and that generating hundred % yields, that can only last as long as people are piling into the token. At some point you can't maintain parabolic growth,. Which project would you put in this camp? Let's see, so y in this case, uni swaps actually an exception because thy are airdrop to past users. But a lot of the defi protocal stuff, like suche