For the longest time, I thought ethereum:0x365accfca291e7d3914637abf1f7635db165bb09 was just another governance token.
I stopped looking at the token and started looking at the protocol.
The more I learned about
@protocol_fx, the more I realized I had been looking at it the wrong way.
What makes ethereum:0x365accfca291e7d3914637abf1f7635db165bb09 interesting isnโt just governance. Itโs how everything in the ecosystem connects.
Once I understood how veFXN, protocol revenue, staking, and value accrual fit together, it completely changed the way I think about the token.
Instead of asking, โWhat can this token do today?โ I started asking, โWhat happens if more people keep using this protocol over the next few years?โ
That became a much more interesting question.
That was me at first.
Now I see it differently.