Cameron Armstrong pfp
Cameron Armstrong
@cameron
Choosing violence today: Can anyone explain to me what value there is in staking an app token other than "paying you not to sell this token"? (NOT talking about a protocol using staked tokens for validation collateral, an honest to god APP token - why is staking useful in a "better for users and the app" sense)
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danny iskandar pfp
danny iskandar
@daniskandar
See who is the long term player vs not
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Cameron Armstrong pfp
Cameron Armstrong
@cameron
if someone is a long term player why do they need the extra incentive of staking?
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danny iskandar pfp
danny iskandar
@daniskandar
they need proof
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Cameron Armstrong pfp
Cameron Armstrong
@cameron
who is they
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danny iskandar pfp
danny iskandar
@daniskandar
the platform that provides the staking oppty, it's a way to align long term incentives
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Cameron Armstrong pfp
Cameron Armstrong
@cameron
But wouldn’t an economically rational actor just hold a token if they expected the value to go up in the future? Staking only changes things in the scenario where the expectation is that value will decrease in the future and ultimately just delays the economically rational action of selling a token
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