Given that most DeFi projects are now haunted by low APY and high price volatility, I have been wondering if there is any new approach to resolve this problem in the existing yield farming model.
So, minutes ago, I came across a DiFi project called Dividednz Finance which self claims to be the first DeFi protocol that offers both Yield Farming + Dividend Sharing. In a nutshell, it shares its revenue with its token holders which makes sure that every token farm on the platform is backed by real assets.
I am stunned by this idea and think it would lead the next DeFi trend. Here is their whitepaper and TG. DYOR.
https://dividendzfinance.medium.com/dividendz-finance-wp-96dc63190cfahttps://t.me/DividendzFinanceIf this indeed is what the project provides, then I think this is still a pretext to form the so called 'community' which in turn because they'd have a stake into the mess they'd likely assist with the project.
In other words, this is just another way to utilize token holders to artificially inflate their token price as people would buy them just to get a share of the revenue. It is just another spin of yield farming, and staking.
Not a project with real vision, value or long-term potential - but a short term 'get rich type scam'. That's so far my opinion about it, but if other would like to challenge it - let's see it!