Epoch 23 to 24 thoughts for
@nestexchange
hyperliquid:native -9%. NEST -9%. Very choppy crypto price action week over week.
Digging deeper into the data, I am extremely happy about the direction things are going.
Per $1 of NEST emitted
- volume +14%
- fees+5%
- voter revenue +29%
The DeFi market participants are far more educated now and it's humbling to see NEST command a premium that makes every emitted token a big catalyst for the flywheel.
We'll continue to focus on the parts we can impact and ignore the external macro noise.
Weekly HYPE distributions will continue for every new $NEST locked and deposited in the HYPE Engine vault. Great time to get involved by getting some NEST by swapping or becoming a LP.