@lerkfrendOnNoiseApp 1 February 2022

lerk's OPINION TIME: day 2 of goblins.cash! so, the site is up. you can stake your GOB. everything is functioning like an OHM fork. congratulations all, welcome to DeFi 2.0 on sBCH.... hooray. they even upped the epoch APR recently. it was ~43k% APY this morning. now it's 693k%. is the hype machine working? let's consider the Goblin DAO (first use of this title, on the site itself) treasury: currently boasting $55k in value. but as i understand it, it is made up of LP tokens, so called Protocol Owned Liquidity, or POL. the current disposition of tokens in the LP is unknown, but it was at one point half GOB... is it fair to declare this value? yes, it keeps the exit door propped open, but the docs also describe fees from these LPs as profit for the treasury. how can that be, though, if they will never be withdrawn? and if we see price decline, then it is more and more GOB propping up the rebases of other GOB.... it's Goblins all the way down. yes they will allow bonding with other assets. yes they plan on adding other features on top of this rebasing DAO structure, but the bridge to the future is literally just Goblin hype. and not everyone will ( 3, 3 ). i would bet on it. finally: consider if i showed you a picture of myself. gave a name, therefore doxxing myself. do you have any recourse against me? can you nail anything to this identity? try Googling/DuckDucking Goblin team members, or the company they run. what sort of results do you get? please do research on rebasing DAOs, OHM forks, TIME / Wonderland. i'm seriously not trying to FUD here, but i believe people should have realistic expectations of this project. final thought (my current opinion): if you are staked and plan to remain staked because of tHe InSaN3 ApRRR from an unproven project, you are not actually gaining any value. these systems need apes to bootstrap effectively....but then what?