6min chapter

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#004 Jason Hitchcock: DeFi, NFTs, And The Metaverse

Smart Friends

CHAPTER

What Is Staking?

The i c o, thein point offerings, is a mechanism. Everyone starts making tokens and they're trying to distribute their tokens in a way that incentivises more people to fill this pool. So you could stake your tokens sur now, and you ern fees from the whole protocol, and like a or you could um something. It's like insnaria. One your earning money from bank lending to small businesses and giving you cut of fees. In the other case, it's the long list of things that you just said which could get tagged on that list. We'll take a protocol as an example, like sushi, the suchi protocal in exchange, a dicentral

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