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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✳️ dcposch on daimo
@dcposch.eth
The only purpose for staking is if you are doing something that might result in slashing. Everything else is fake staking. See the infamous SBF/Matt Levine “money in a box” interview
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Cameron Armstrong
@cameron
🫡 roger that Also whenever I reread that interview all I can think of is
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