@leostrategy's thread

The yield is still paid. It is paid directly into buybacks which drives the price up an equivalent amount

We gave this model a lot of time to prove that yield could create organic demand. It did not. The tokens have a very specific mechanism built-in for sustained periods of downturns

We could:

1. Not do this and keep paying yield while the tokens deviate continuously (TTSLA was -60% deviated as of today)
2. Temporarily divert stablecoin yield to buyback tokens cheap, perma-hold them in the RCBF and re-peg the assets. Then set stablecoin yield back to normal

Read the whole post please.