2/ Firstly and most importantly, liquid staking aligns incentives for the community to chose a staking provider that it's not centralized in nature, naturally removing delegations from CEXs to the benefit of the decentralization of the networks you chose to support
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3/ Liquid staking also solves a big problem that is L1 liquidity, allowing for staked tokens to hit liquidity pools and chase further yeld.
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4/ Now consider the holdings that the
$TIME treasury already has in L1 tokens, those would be the first assets to be staked in a decentralized way. This would: A) Immediately create BIG earnings for the Treasury B) Allow for the liquid staking derivatives to be used for farmingNäytä tämä ketju -
5/ Where could frogs and possibly the Treasury, go farm with the liquid L1 tokens? Mmm... Maybe
@SushiSwap? OFC there would be incentives for the DAO's LS derivative. This would: A) Create deep liquidity in
's pools/pairs
B) Further incentivise @Wonderland_fi's staking solutionNäytä tämä ketju -
6/ C) Keep providing better incentives to move delegations off from CEX's D) Keep increasing the security of the networks by providing decentralization E) Keep attracting more capital into
$TIME's treasury F) Keep driving revenue to the treasury and the community.Näytä tämä ketju -
7/ OFC liquid staking is the future for every POS chain and everybody knows this, but
@SushiSwap's becoming the most liquid Dex for liquid staking tokens is endgame. How do you think this would affect$MIM demand? Do you think the pairs would be in USDC?
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8/ Come join the community and the discussion in the official Discord to help bring Decentralization to the best BC networks, grow revenue and let's
#OccupyDeFi Together!https://discord.gg/2VggGQDcNäytä tämä ketju -
9/Liquid staking tokens can also be collateralised on abracadabra: Deposit L1 liquid staking tokens as collateral>borrow underlying L1 token>lock into wonderland's Liquid staking service>put back as collateral >keep folding like this to get amazing leveraged staking rewards
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Guten Tag, here is your unroll: 1/ I see a lot of
#FrogNation's
haven't yet figured out what Liquid… https://threadreaderapp.com/thread/1476496210546638848.html … Enjoy :)
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¤ FRAXtionalist ¤
On-Chain geek
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