Not even 100 announcements of HIP3 markets integrating $SEDA, can make me buy more SEDA anymore.
Here is why:
1. It's a competitive landscape. There is no special edge YET that is PROVEN. There is $RED, $PYTH, and even $LINK with its CRE.
2. The Seda team talks too much. They act like they are the only HIP3 market provider when in reality many HIP3 projects are still in the process of shopping for their preferred oracle provider. And trust me everyone wants to be Hyperliquid aligned.
3. Yes, it looks like $SEDA might have the best tech to deliver the DATA in theory, but that remains to be seen.
4. Yes, they "plan" to burn $SEDA on every request but amounts have not been confirmed. But what if it is just 10% of the net revenue? what if it is 1%? I'm looking for 100% alignment with token holders. DATA BURNS SEDA - I dont believe this until I see actual numbers.
5. Like the sayings go:
"Barking dogs seldom bite"
"He who boasts of what he will do tomorrow has already lied today."
6. Show the numbers. Show the actual partnerships.
7. There is 17m SEDA coming into market on November 16-17th. Thats $3M dollars. And 8M SEDA coming into market on November 25-27. Thats $1.5M. There is only $1M in liquidity.
8. Coinbase backed both @redstone_defi and Seda Protocol.
If you are a @sedaprotocol holder/team member and don't like my post, i'm sorry to tell you I really don't care.
I speak truth. Just deliver. Im rooting for you 🚀

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