Interesting experiment, but it lost the plot somewhere along the way. These types of projects tend to be highly adaptive to market demands—they'll pivot whatever direction attracts attention. The concept had potential, though execution-wise things got messy pretty fast.
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HypotheticalLiquidator
· 9h ago
The health factor has been falling below 0.8 all the way. These types of projects should have started deleveraging procedures long ago. No matter how good the concept is, it can't withstand an execution collapse. Currently, this situation is a typical precursor to a domino effect.
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DAOdreamer
· 9h ago
That's right, these kinds of projects just go with the flow, leaning towards where the hype is.
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ValidatorViking
· 9h ago
pivot culture is exactly what kills protocol integrity tbh. watched too many "promising" initiatives tank because they chased shiny objects instead of maintaining consensus finality. execution matters way more than theoretical potential—that's just battle-tested truth
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fren.eth
· 9h ago
Nah, I've seen this trick so many times before. The concept sounds great, but the execution is full of pitfalls. In the end, it's just following the trend to change direction and attract attention.
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SelfStaking
· 9h ago
NGL, this is a typical case of a good concept dying in execution. It looks just like some crypto project—change direction whenever the wind blows.
Interesting experiment, but it lost the plot somewhere along the way. These types of projects tend to be highly adaptive to market demands—they'll pivot whatever direction attracts attention. The concept had potential, though execution-wise things got messy pretty fast.