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miguel notes miguel notes @miguelnotes · 525 subscribers
Post #71 854
aped in 0xefab538cf3c29237a47c6afb145d50ddf204a0a3

no impressive tech rn, but the main thesis for everyone in ct/Fomo is yfi on rh

what I liked most:
1. their first product isn't particularly unique, but they have a roadmap teasing future strategies that will generate revenue
2. it's a legit product, probably with a very strong DeFi team, the Frax founder followed them from day one, and then defidave wrote about the product: https://x.com/defidave/status/2094675994565333037

As I see it, there are currently a ton of inefficiencies on rh, which could be a big plus for this kind of project + people are ready to buy new DeFi primitives
X (formerly Twitter) DeFi Dave (@defidave) on X The United Founders Group $UFG Thesis 🏛️ $UFG an onchain ETH treasury that pays you to hold via multiple revenue streams. It has the potential to be the $YFI of this cycle; it is truly novel in …
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