@Morsha211818

Member-only story

$LEVX

Shillbo Baggins
6 min readJun 2, 2022

A ve(3, 3) Ecosystem

With the Ethereum merge expected to take place later this year, it becomes increasingly clear that the future of crypto is in staking.

It is the most common way in DeFi to secure a network, volume, or liquidity and it actually works. It doesn’t, however, always work in your favor. There are various risk factors involved, but ultimately, stakers become the last bulwarks against sell-side pressure. The incentives have to outweigh the risks or at least convince us that they will.

Consequently, the concept of “tokenomics” has become a significant point of concern that brings up many questions: How do we maintain the value of tokens through high volatility? How do we keep projects alive? What do my NFTs even do?

What’s the Golden Goose?

If you are looking for a long-term investment, there are a lot of options available to you, especially in terms of staking. So, what are we looking for when it comes to staking? Whose biscuit is worth the risk?

Usually, the answer to that is:

  • low market cap
  • solid devs
  • engaged and active community
  • useful and useable products
  • versatile and robust token model
  • high upside

--

--

Shillbo Baggins
Shillbo Baggins

Written by Shillbo Baggins

Crypto writer. Not a financial advisor. @TheRealShillbo (twitter)

No responses yet