I thought i was the only person that didn't find @gaib_ai play very interesting.
Honestly, it's too similar to USDai and doesnt fit into my risk yet.
of course, I can get 12x multiplier with YT but then points distribution has been ongoing for a long time which means that if I play around it with small amount, my allo might not worth it.
also, the underlying didn't convince me that much.
I might be wrong though but I share things I'm so convinced on.
Been sitting on my hands all week as DeFi seems kind of dead atm with people either rekt by xUSD fiasko or locked in a variety of pre-deposit vaults.
Was hoping there would be some good stablecoin plays as people derisk into USDC/USDT, but didn't catch any - stuff that is going to 0 is legit garbage, and the stuff that is not garbage didn't really budge.
Looked into $AID, but it just seems like USDai from Temu, just with some more buzzwords sprinkled in (muh, "robotics") - we've seen this playbook before with EL->Karak, Story->Camp, Plasma->Stable, and it plays out the same every time, so no thanks!
Thankfully, @Neutrl public launch is on Monday, so I'll finally have something to do, just got to survive and not spend my stables on buying silly DeFi coins until then.
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