@TPikefighter

I’ve been using for a few months now. At first, I was just airdrop hunting, but since then I’ve been LPing and voting with my locked $veFables. Fables is a DeFi protocol with a built-in flywheel. For a few years, it looked like DeFi was dead (mainly due to too many hacks) and protocols with flywheels did not make it. So why am I still using it? Here is my take: • The Ecosystem: They operate on the Robinhood chain, which has the potential to be huge. The product itself is solid—everything works exactly as it should. They use HOOKS in their pools, making liquidity utilization much more efficient. I’m currently in the ETH/USDG pool, and the yield is very good. • The Yield & Team: The fees from my first vote were higher than anticipated—about 3.5% of the locked veFables value. Their flywheel approach is slightly different from the usual, and they’ve managed to keep inflation lower. On top of that, the team is fully transparent, active daily on Telegram and Discord, and actually listens to the community. That is rarely the case in crypto. • Tokenomics & Risk/Reward: The price of the robinhood:0xb63d07cef74be747231d601bb2faa6b252c68106 token obviously dropped after the TGE, but not too drastically. The Mcap is around $2M right now, so the price is volatile, while the total deposits sit at $25.6M. It’s still a very small-cap project. What could go wrong? The usual risks: a smart contract hack, the Robinhood chain failing to survive, the flywheel not working as intended, or another protocol utilizing hooks better. That said, with the price and Mcap being this low, I believe the potential rewards far outweigh the risk of losses. It won't take much for the Mcap to move significantly higher. My Strategy: I buy more robinhood:0xb63d07cef74be747231d601bb2faa6b252c68106 whenever the price hits $0.05 or lower. I compound my weekly fees back into the Lock. The USDG I earn is used to buy the dips, and I keep those tokens liquid. Once the liquid tokens hit a 2x, I will sell that portion to take out my initial capital and move those funds into a stablecoin pool. I think this is the right time to get into a solid project while it's still cheap. Have a look at the project.