Hey Symbiotes. Time to vote again. What 'bout shortening the vesting period.
22 Feb 2023, 12:59
Hey Symbiotes! Time to vote again! 👻
What 'bout shortening the vesting period?
The central point is that six months is considered too long in the DeFi world. Thus, it is logical to conclude that reducing the vesting time will result in the attraction of more liquidity providers, ultimately increasing the TVL of the Symbiosis protocol.
This, in turn, will lead to better exchange rates, which will drive up the volume of cross-chain operations conducted through the Symbiosis protocol, thus attracting even more liquidity providers. It's a virtuous cycle of growth and liquidity 💜
Check out the link for more info 🛸
Same news in other sources
122 Feb 2023, 12:59
Hey Symbiotes! Time to vote again! 👻
What 'bout shortening the vesting period?
The central point is that six months is considered too long in the DeFi world. Thus, it is logical to conclude that reducing the vesting time will result in the attraction of more liquidity providers, ultimately increasing the TVL of the Symbiosis protocol.
This, in turn, will lead to better exchange rates, which will drive up the volume of cross-chain operations conducted through the Symbiosis protocol, thus attracting even more liquidity providers. It's a virtuous cycle of growth and liquidity 💜
Check out the link for more info 🛸
Hey Symbiotes. Time to vote again. What 'bout shortening the vesting period.
Hey Symbiotes! Time to vote again! 👻
What 'bout shortening the vesting period?
The central point is that six months is considered too long in the DeFi world. Thus, it is logical to conclude that reducing the vesting time will result in the attraction of more liquidity providers, ultimately increasing the TVL of the Symbiosis protocol.
This, in turn, will lead to better exchange rates, which will drive up the volume of cross-chain operations conducted through the Symbiosis protocol, thus attracting even more liquidity providers. It's a virtuous cycle of growth and liquidity 💜
Check out the link for more info 🛸