The Daily Gwei

The latest /thedailygwei Drive Thru with @eric.eth is ready for your viewing! 🚗

This episode's topics:
- Taking profits in a bull market 🤑
- ETH is AI money 🤖
- Answering community questions ❓
- and much more ➕

Watch 👇

https://youtu.be/4MKn_YKqSs0

Ethereum and CryptoPunks OG | EIP-1559 co-author | Solo Staker | Angel Investor

Independent Ethereum educator, angel investor and advisor. 

Founder of /thedailygwei.

Thanks for answering my question! It's reassuring to hear that Ethereum(the network) will be able to handle any LRT depeg/liquidation event, but it may obviously affect ETH price as people sell to try and cover their positions. (1/2)

Kindness costs nothing and can mean everything ❤️ 

mfer, mferdickbutt🍆🍑 and Brainless Degen 🧠

Also, if you deposit your LRTs into some degen defi protocol and get leveraged to the tits, that's still just regular degen leverage trading but now just using LRTs. 

Degens gonna degen though.... 😂

Your answers really helped to drive home that restaking is NOT leverage, but just additional slashing risk. Fluctuations in the price of ETH does not impact the risk to your restaked ETH. The only way you put your restaked ETH at risk is by performing actions that result in a slashing event. (2/2)

Great episode!