This is what happens when the incentive layer has an off-switch.
I didn't call it. I just refused to accept the claim that this mechanism was actually stable.
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DeFiVeteran
· 7h ago
I've seen through this trick a long time ago. At a critical moment, just one switch and it's all over. Stability my ass.
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DeFiCaffeinator
· 7h ago
I already said it, once there's a backdoor in the incentive layer, it's doomed. Stability is a joke...
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StableBoi
· 7h ago
I already said it, setting a close button for the incentive layer is a disaster. Stability? That's nonsense.
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DataChief
· 7h ago
Well, that's why I never believe in that "automatic stability" nonsense... Once someone can turn the switch, the whole system will be exposed.
This is what happens when the incentive layer has an off-switch.
I didn't call it. I just refused to accept the claim that this mechanism was actually stable.