Got some requests about how much I'm burning with my YT-USX yield on Solstice... Currently I'm down ~$210 from $800 allocated.
As Solstice pushes past $300M TVL, I’m honestly starting to worry about one thing: flare dilution. We already saw what happened with the YT-eUSX positions, people got smoked. I’m down ~40% myself, but only put in $300 because any on-chain DeFi play offering insane yields or stacked “bonus multipliers” is usually too good to be true over time. And that’s my concern here… When you start seeing 10x, 15x, 30x multipliers floating around, the total flare supply gets diluted fast. The more people ape, the smaller everyone’s slice becomes. I’ve managed to stack 2.1M flares in two weeks, which puts me in the top 1%, yet I still only own ~0.0119% of the total supply. That’s the part people don’t realise even if you’re early, even if you’re aggressive, even if you’re top 1%… the pie is growing faster than you are. Not FUD, just something worth keeping in mind before people over allocate thinking they’re locking in some guaranteed airdrop multiple.
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