X @Andre Cronje

RT Papaxem (@papaxem4)Here are three projects that are the closest in concept to what Flying Tulip is trying to build.They are very different, but I analyze them from the perspective of fee/revenue ratio to try to forecast @flyingtulip_ future development and token price dynamics.1/Ethena-Issues stablecoin USDe-Uses delta-neutral strategies-Earns from funding rates on perpetual markets@ethena has huge TVL of $6.68B, annualized fees $213M, but protocol revenue is very low, only $1.45M.2/Sky Lending (MakerDAO ...