this.
particularly for $BERA's proof-of-liquidity; the entire premise of the chain is to secure liquidity, which in turn fosters more interesting apps
so in a way $BERA FDV is an indication of what it brings to the game, let alone hype
bag grift is something else
if the staking rewards are ~really~ low for investors, enabling locked tokens to stake does have 1 huge merit
you've just bootstrapped the security of the chain for significantly less cost and can instead distribute the vast bulk of the token inflation to use cases more interesting than "staking" — this is a good thing.
because investors have nothing else to do with their tokens they will take 1% apy instead of having to pay 10-20% to liquid tokens
i would have locked those rewards but people are blowing this out of proportion. they probably gave investors those rights years ago when it was the norm.
Feb 7, 2025 · 4:16 AM UTC

