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Sassal.eth 🎩⛽
@sassal.eth
Almost 31 million ETH is staked (~25.7% of the total ETH supply). This is $90.8 billion worth of ETH which is larger than every other smart contract layer 1's market cap. ETH as an asset is in a league of its own.
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BigRed
@bigred
In some ways this is what btc’s supply cap was attempting to be. Eth just did it with utility by incentivizing hardening of the network through participatory decentralization.
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