DrXL.eth
@drxl
59 Following
28 Followers
Casts
Casts + replies
DrXL.eth
@drxl
This episode brought to you by today’s sponsor, Nord VPN!
0 reply
0 recast
0 reaction
DrXL.eth
@drxl
Solo staking still doesn’t make sense for the majority of users. Over time, the social layer pushing for the health of the network won’t be able to overcome the lack of financial incentives for solo staking and perceived risk mitigation of using staking services.
0 reply
0 recast
0 reaction
DrXL.eth
@drxl
Running a validator ended up being easier than expected thanks to @dappnode. In hindsight though, it would have been more profitable for me to have staked through an LST. It’s hard to sell solo staking to new users with there isn’t a financial incentive, just a vaguely moral one for the health of the network.
3 replies
0 recast
4 reactions
DrXL.eth
@drxl
I think $TIA probably cools off around the Eigenlayer airdrop.
0 reply
0 recast
0 reaction
DrXL.eth
@drxl
That there needs to be additional incentives to run a validator otherwise the LST protocols will inevitably control all of the stake.
0 reply
0 recast
2 reactions
DrXL.eth
@drxl
The only reason $DYM isn’t tanking is because no one knows how to sell it.
0 reply
0 recast
2 reactions
DrXL.eth
@drxl
Gm
0 reply
0 recast
0 reaction