inv decent defensive defi token: - $20m fdv - $10m (illiquid, sure) treasury - 3rd biggest veAERO holder (base airdrop incoming?) - $2m/yr profit without INV incentives ($7m/yr rev) while yields are dead, was $5m/yr pre-10/10 - paying down last of 2022 bad debt (within 1yr @ current pace) before INV value accrual starts (buybacks/divs) - usage growth chart looks like below, continues to scale and profits will too: