You are viewing a single comment's thread from:

RE: I'm kind of not a big fan of staking

in LeoFinancelast year

Of course I like any rewards I can get, but I don't understand all the economics of staking. I get that it takes funds out of circulation, but it needs to add value in some way. Some staked tokens allow me to vote and others to give out tips, but is that more than standard HP can do? I know it's all a big experiment and I'm interested to see where it goes.

I like that in Rising Star we can earn in various ways and you need to hold tokens to get some NFTs, but it does not involve staking. Some of it is more about getting people to spend to reduce inflation. Balancing such an economy is a tricky balancing act.