fables lp yield fell from 122% to 25% in four weeks. tvl followed it out the door... some of that is the chain. rh dex volume is down 31% since mid oct @fablesfi fell harder though: > fee apr kept by lps: 122% to 65% to 38% to 25% > tvl: $50.7m ath on sep 27, $15.1m today > ~85% of that drop is withdrawals, ~15% is price two things hit back to back: > oct 19: points farming ended > oct 20: fables switched on ve(3,3). staked lps now earn robinhood:0xb63d07cef74be747231d601bb2faa6b252c68106 emissions while their swap fees go to veFABLES voters the voter side is working though: > veFABLES voters pulled $465k in 30d on a $1.46m mcap > ETH/USDG pays ~30% to lps and 237% to voters so can they turn it around? the pieces are there > 42.4m robinhood:0xb63d07cef74be747231d601bb2faa6b252c68106 from the points claim chose to lock, which means more votes steering emissions back to the pools > the -26% day was mostly ETH leaving. that liquidity can come back just as fast points claims close nov 20. after that you'll see who stayed do you think they win the lps back before then?