I’ve seen that there are 7 million WRT left in the farming reserves, and we’re granting 1 million per month, while current buybacks are around 200,000 per month. This isn’t sustainable at current rates, but a tweet just came in saying “WRT $0.80.” Something will have to happen, some unexpected influx of large TVL, for that to happen, because otherwise the DEX becomes unsustainable without farming rewards and with $7 million in TVL. I’m open to feedback.
Is Wingriders on the verge of bankruptcy?
Hi @pirates8883
Mohtly WRT emissions for yield farming are at around 80k WRT per epoch, what equals around 300k per month. With the current buyback rate of around 180k per month and overall reserves, the farming longevity has been much extended.
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