STFX – DeFi Utility vs. Hype
STFX is going from strength to strength, but will the token catch up with booming platform metrics?
Preview
- STFX has gone from strength to strength amidst what has been (up until last weekend) an aggressively up-trending market.
- A new tokenomics model aims to better align incentives in the protocol’s ecosystem through a flat fee on all trades, greater rewards for stakers, and buy + burns that will turn the token deflationary over time.
- We are not early in this cycle. While STFX has built a protocol with great product-market fit, the native token’s relative performance in a SocialFi run is another question.
