Quick Metrics Comparison: PolyWantsACracker vs. YELD
Many of you saw the whole “superior metrics” part of our pitch when PolyWantsACracker first came out. Well, now that we have seen our farm in action, we can take a quick look and assess our farm health.
At press time, PolyWantsACracker’s LITHIUM token had 646k in total native liquidity (TNL; $726k market cap), and xYELD had $202k TNL ($219k market cap). Therefore, PolyWantsACracker has a 13% TNL/TVL ratio, whereas xYELD has only a 2.3% TNL/TVL ratio. Therefore, PolyWantsACracker is blowing established names completely out of the water in terms of key metrics (both market cap and TNL/TVL ratio).
The reasons for this are simple, and we’ve been repeating them since we started. We began with a crowd-sourced, enhanced early liquidity pool, and we did not dilute them out by making the circulating supply 16x on the first day. That’s what I meant by superior metrics. It’s pretty simple, really! Isn’t it funny how a Goose fork really can be superior just by tweaking a few values?
As a reminder, the PolyWantsACracker pools are still “apeable”! We have had a very stable token price and are offering APRs that are attractive if stable:
In contrast, xYELD’s TVL/TNL ratio would make it improbable for one to recover a 4% deposit fee.
I know that this is just one comparison, but it is typical. PolyWantsACracker is really are head and shoulders above the rest!