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nixo
@nixo
I know that everybody likes passive income But if we start to feel entitled to staking rewards and say things like "ETH is meant to be staked", we've changed the purpose of staking from 'securing the chain' to 'providing passive income' to stakers imo, this lowers the value of the entire Ethereum ecosystem
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SwampLord
@iamswamplord
as stake rate climbs and the “risk-free” rate decreases (and proposals become rarer), many yield seekers won’t be able to handle the oppty cost of passing up juicier apy elsewhere for me, staking is a bonded commitment. idc about the yield but expect the value of [my bags] to grow if i keep the network secure
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shazow
@shazow.eth
Hot take: The longer Ethereum goes without a serious slashing incident, the more staking will continue to grow (especially with restaking).
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mfn🌀
@melissa
IMO it’s so important to ensure recognition of staking as the act of putting up collateral to assure you will do a good job of maintaining and securing the network: operating the physical infrastructure underpinning the decentralized web. It’s not abstract passive income, but compensation for validation’s work.
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Sean Schulte
@sirsean
The staking rate is what you get when there's nothing better to do with your money. It *should* go down if too many people are doing it, and need to be encouraged to invest elsewhere in the economy. It secures the network, yes, but it is also the online economy's monetary policy.
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superphiz
@superphiz.eth
never stop saying these things. 498 $DEGEN
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pgpg
@pgpg.eth
DONT YOU DARE QUESTION MY YIELD. YIELD IS AN INALIABLE RIGHT.
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Fran
@0x99fran
Hard agree. Stakers are service providers and they should be paid a competitive rate. But we should not baby them and inflate the network away for no purpose. When we no longer need more stake to secure the network we should stop incentivizing it.
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CasterBites
@casterbites
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CasterBites
@casterbites
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