Aside from what @BroLeonAus mentioned about the mechanism being too complicated for retail investors, I think the bigger issues with Bear Chain are twofold: 1. The mechanism got more complex, but it didn’t bring higher APY. 2. Bear Chain’s mutual aid split model heavily relies on the nodes’ ability to launch new projects. Without more projects and native on-chain transaction volume, it’ll lead to a death spiral. But the problem is, in our industry, there’s actually a severe shortage of experienced ‘reapers.’ The design and operation of these projects, especially market-making, are highly specialized. Where can you find so many teams with sustainable, non-meme project-launching capabilities? The only one currently capable of this is Binance Alpha. I talked about this issue at the beginning of 2024, but I didn’t expect Bera to fail at even maintaining the opening token price in its first step. There’s no way to talk about using the split model to withstand sell pressure after that. https://(x.com)/thecryptoskanda/status/1760118631869096160?s=46&t=mBkGyMIcMFVYls_XirwEFw