The reasons for anemic participation rates in many DAOs vary. Can staking breath life (and capital) into the sector?
on Solana have shown, disengagement can leave DAOs vulnerable to predators who can swoop in, buy up governance tokens from less-interested community members, and force projects to liquidate their treasuries or take other steps that can decimate a project.
But retooled staking, coupled with measures such as greater automation in decision-making and support for delegation, can make a difference. With infrastructure of this kind, community members no longer have to choose between having a say and earning rewards. And projects will benefit from enhanced liquidity, streamlined decision-making, and more productive dialogue with protocol users.
A group of us — the development teams behind PsyFi and HXRO Network, another long-standing Solana project — aim to help change that. We’ve created a free-to-use hybrid staking mechanism that any project in the ecosystem can use.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
How Staking Rates Can Drive the Crypto Economy ForwardStandardized staking rates will play a crucial role in creating new financial products, Christopher Perkins writes for 'Staking Week.'
Baca lebih lajut »
- The next big thing after liquid staking?Ethereum introduced unstaking this year, and the crypto market witnessed a stark shift. The Decentralized Finance (DeFi) space, in particular, observe
Baca lebih lajut »
At-Home Staking 'Protects' Ethereum Network, Polygon Labs VP SaysThis September marks one year since Ethereum transitioned from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS). As part of CoinDesk's Staking Week, presented by Foundry, Polygon Labs VP of Governance and Community Hudson Jameson shares insights into the ETH staking community and the benefits of staking at home. CoinDesk and Foundry are both owned by DCG.
Baca lebih lajut »
Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M InflowThe exchange is one of the largest players in ether staking after Lido Finance and Coinbase.
Baca lebih lajut »
SEC Files Allegations Against BAM Trading for Unregistered Staking ProgramThe U.S. Securities and Exchange Commission (SEC) has filed a fourth claim, this time against BAM Trading, for unregistered sales of its Staking program.
Baca lebih lajut »
Ethereum Staking in 2023: A Year of Growth and TransformationEthereum staking saw strong demand from institutions following the Merge. Even if the adoption rate slows down in a few months, its future looks promising, say Vivek Chauhan and David Lawant, of FalconX.
Baca lebih lajut »