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FLB
@flb
The idea of using LSTs as a Solana version of a Kickstarter is fascinating. Currently, there aren't many ways of getting your project funded besides VCs and bootstrapping and projects creating LSTs would open a pretty safe alternative of supporting projects you have faith in while keeping your risk exposure purely to the SOL price. There are Web3 crowdfunding projects like Inqubeta where you buy a share of an NFT if I remember correctly but they also had their own token and all sorts. This proposal of LSTs for projects trumps this 100 times over due to the fact you can crowdfund a project with a more liquid, purely SOL-exposed token.
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