Is it stabilizing in the direction you anticipated?
The FLUX/ETH pool has more liquidity now than before, currently around 21k FLUX. There are also liquidity pools in sushi, burger and balancer pools. More than 31% of all minted FLUX are burned.
DAM locked in has also remained stable close to 70%.
Considering the DeFi hype for all other coins and tokens have gone, I think it's doing quite well and it's still above $1 USD.
I guess a 95% loss (~$16 -> ~$1) is “doing quite well” for a DeFi project given all the rug pulling going on. I still haven’t seen a use case other than ... burn this for more of that, which produces this (a circular and deflationary use case). So far time and history are validating my arguments. Price movement for DAM and FLUX are both strongly down since I initially brought concerns to you in a more private forum.
Are you ready to have HODL write that two page essay detailing how I was right and he was wrong?
I’ll come by and dunk on you every few months until he does, or this project explodes into an unimaginable success... at which point I’ll admit I was wrong.