The protocol is locking in users with extended lock periods, which translates to higher veBTC allocations. The real money flows from protocol fees—that's where the sustainable yield sits. On the DEX side, swap activity has been solid, with TVL hitting $6.3M in December after the Mezo Earn rollout. What's interesting is the organic liquidity influx; there's no inflationary tokenomics propping things up. Just genuine utility driving capital in.

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RektRecordervip
· 3h ago
Bro, this lock mechanism really sucks the blood out of you; cost is the key.
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Blockchainiacvip
· 9h ago
The lock-up mechanism is indeed tough, but honestly, the 6.3 million TVL is still a bit superficial. The real test has just begun.
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EntryPositionAnalystvip
· 9h ago
Lock-up period for swapping to higher allocations is still the same old trick; the real test is whether the TVL can stay stable... That 6.3 million is it inflated or is it real money? We need to observe further.
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DecentralizeMevip
· 9h ago
Real gold and silver are in the protocol fees, this is truly long-term.
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NFTRegrettervip
· 9h ago
Cost-driven is the real money, everything else is虚的
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