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$River Indeed, this project has recently taken the "gambler's psychology" to the extreme.
Everyone is competing over narratives, but it directly competes over liquidity efficiency. That Dynamic LP Reward mechanism indeed has some substance: the larger the price fluctuation, the higher the settlement fee captured by LPs. This kind of "anti-fragility" design turns arbitrageurs and volatility into fuel for the project.
That's why we see the market bouncing back and forth, yet the support levels remain stable. This liquidity depth, stimulated by algorithmic adjustments, is indeed more sophisticated than simply ramping up the price violently.
The boldest wave should be very profitable.
@River4fun
In a bear market, only projects that can continuously generate "volatility dividends" will truly attract market interest. It feels like a return to the wild days of 2021.