Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

TMBA 650: DeFi For The Long Game

Tropical MBA: Entrepreneurship & Founder Lifestyle

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What Is Staking?

Atheorim is moving to a proof of stake mechanism, which should reduce the energy consumption by 99%. When you stake something, you're putting up your theorium as a collateral for your word. So they want a theorium to work, and it for t to be trustworthy. To do that, youd put up your theorum as collateral against your word. And so youre lining incentives. I's kind of what would in real life, where the bankers can totally fuck up the whole banking industry and they'll still get their bonuses. This is the opposite where if you tried to scam that, you would actually lose your theorium.

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