>SNX: does half a billion perps volume in a day>SNX token: -4.2%what the fuck is even the point of fundamentals investing in crypto if there is literally zero nexus between what a project is actually doing and what the market thinks of it?
>>54202124No amount of platform use can fix shit tokenomics anon, theyre a part of fundamentals therefore snx sucks as investment even if synthetix a great dapp
>>54202124How much do SNC holders earn from that? What's the APR?
>>54202731it comes out every week, but last week it was enough to repay everyone's sUSD debt in a year. Since the cap ratio is 5/1, I guess thats 25% annual yield or so, just in fee burns.Not including SNX inflation