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| Hiccup! Could opportunity like in adversity? A closer look at Animal Farm’s new “Game Theory”
October 18, 2022 has become a day of much controversy on the Binance Smart Chain network. This was meant as the “hard date” to market around, using hundreds of thousands of dollars to ask crypto influencers to help get the word out to people outside of our ‘usual’ community.
Well, I don’t believe these marketing dollars were “wasted.” The goal was to extend the immediate reach of the platform — that goal was accomplished, albeit a bit embarrassing, I would think, to anyone who was promoting the launch of this “innovative” platform.
Well, despite this hiccup, I still believe the platform will set a precedence in how a DeFi platform can create a sustainable passive income ecosystem, whose native tokens have a better chance for token price performance than most platforms across ALL chains.
The ecosystem’s primary mechanism for this is the Governance Model. While this concept is not new, what does separate it from most platforms is the fact that you earn NON-native dividends — in the form of BNB and BUSD. By doing this, sell pressure is reduced from native tokens in order to realize profits.
Let us now take a look at:
- What happened on Animal Farm launch?
