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BTC095: Bitcoin Time Stamping w/ Pierre Rochard (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Liquidity Network Effect on Ethnocurrency Markets
Staking ETH becomes kind of its own ticker symbol, then ticker symbol accrues liquidity in other parts of the system. So if you're trying to minimize your transaction costs, your slippage, you're going to want to stake your ETH with the most liquid contract. And so we've seen that LIDO has become the biggest one on Ethereum. It poses an interesting question: If you're not actually tying up capital to stake, then what is actually going on? Like what's take do you have? And furthermore, if there are centralization points here, what are their incentives?
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