Problems Summary
- Most Mining projects currently rely 80-100% on the mining algorithm to help preserve or grow their TVL (Total Value Locked)
- Most Mining projects have No Direct Control over their TVL except for marketing
- Most Mining projects currently DO NOT possess an effective Toolset to incentivize buying or to restrict selling or to jumpstart TVL after a steep drop
- The mining community appears to be coming to a general conclusion that the TVL going to 0 is what should be expected for a virtual miner
- Majority of Miners are attracting users with high unsustainable Daily APYs (8-20%) that applies equally TO BOTH new and existing users. This setup dilutes TVL quickly
Last modified 1yr ago