I’m sure most ppl don’t want to hear this but the “Strategy” NFT model is broken by design. Eventually most people will side step the liquidity pools that generate the fees that make numba go up. But it’s certainly fun while it lasts. Has invigorated an otherwise dead NFT market.

@foogyla We saw $10B valuations overnight in DeFi Summer on ridiculously comparable business models. So I’m all for riding it up. Actually posted that like multiple times the past week. This can get VERY silly.

@foogyla Pretty clear this doesn’t help the NFT that much alrhough it drives a bit of volume. Nearly all the benefit goes to the token. The NFT is just an asset in the middle but could be anything really.