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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Proto pfp
Proto
@protocoel
Depends on the token. ARB is considering staking because they want to get the revenue from the sequencers distributed without the wrath of the SEC. IMO, dYdX is using staking because they don't want their main token to be considered a security. sDYDX is a security now, right?
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