How LFGrow Solves the Death Spiral Problem

We know how insane this sounds, but we have solved the OHM death spiral with MEMECOINS.

Hear us out.

Other protocols' attempts at revenue generation

Many OHM-adjacent protocols have attempted to add ways for their protocol to earn revenue beyond just taxes on actions taken with the native token (buy/sell/stake/unstake/transfer). These attempts from other protocols include:

Investing the protocol treasury in various sectors (yield farming, altcoins, trading, and more).

This is risky and often does not yield great results. No OHM-adjacent protocol to date has been able to consistently invest their treasury and earn enough profit to keep their protocol stable.

Creating a custom platform or multiple, built to generate fees for the treasury.

While this is a commendable pursuit, these platforms usually came long after the protocol itself had launched and were not able to garner the attention and volume needed to power (as well as grow with) the protocol as they were not able to offer what crypto participants are all looking for (profit) in any meaningful way.

Other game theory or protocol mechanics.

While this can help delay the death spiral of the protocol and create some interesting economic effects, it does not solve the issue of self-reliance. (At the end of the day, the protocol is still relying on a portion of holders to generate yield for other holders in some way [taxation, liquidity provision, and more], this has shown through hindsight to not end well without an actually viable, scalable, and heavily profitable external yield source).

Our solution

For our solution, it was paramount that we introduce a debut product that brings outside revenue immediately and in large size, as well as scales (keeps up with) the market cap growth of $LFG itself. To do this, we had to scale out and ask the question: what does every crypto participant want most?

Risk free profits.

This is where the concept of the "Memecoin Yield Platform" and memecoin staking was devised.

Yes, that's right, we're offering risk-free yield for the staking of memecoins in our platform (these memecoins include TRUMP, GRIFFAIN, GIGA, and 20+ more). And earn substantial revenue for the protocol through doing so.

Read on to the next page to see how we manage to offer this yield, and why we offer it on memecoins over more stable assets.