Why I Cashed Out My Publish0x OP Rewards (And Treated Myself to Breakfast!)

By Bfab | Good vibes | 13 Sep 2024


I recently earned about 15 OP from Publish0x. Not a huge amount, but hey, it's something. Truthfully, I wasn't feeling very optimistic about OP's future.

Here's the thing: OP is sitting at a pretty low price right now, and I just don't see any real signs of strength. It's basically just a governance token. You can't even use it to pay gas fees on the Optimism chain, and you can't stake it. I just don't see how its value is going to increase through the use of OP Stacks on other superchains.

Plus, the fully diluted valuation (FDV) is way too high compared to the market cap. And there are more unlocks coming, which could put even more downward pressure on the price.

So, what did I do? I decided to cash out my OP and treat myself to breakfast! I used my Gnosis Card to get a little cashback, which was a nice bonus.

If you're looking for an easy way to spend your crypto and get some cashback, I highly recommend the Gnosis Card. You can use my referral link below to sign up:
https://app.gnosispay.com/signup?rcc=1369a9b31f96&utm_source=referral&utm_campaign=clsohpq8l011811l3v7oxshhg

And don't forget to use this discount code to get 100% off the cost of the card: 1369a9b31f96

Sometimes, it's okay to take profits and enjoy the little things in life. After all, crypto is supposed to make our lives easier, right?

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Bfab
Bfab

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