Misinformation was flying rampant when this happened. Engagement hunting suits fast clicks and impulsive rage-bait. People claimed quickly that Bankless made off like bandits but none of it was true.
- 0 replies
- 0 recasts
- 0 reactions
Ethereum is the by far largest onchain economy, eclipsing every other chain *combined*, including Bitcoin. And that growing economy empirically revolves around ETH. So ETH.D at a mere ~12% is either proof that we live in a clown world or a no-brainer investment opportunity.
- 0 replies
- 0 recasts
- 0 reactions
Ethereum is for creating trustless systems that survive adversarial conditions. It is not an insult to Lido to think adversarially: - If 33% of Ethereum stake misbehaves, we need to rely on inactivity leak to fix the problem. - Lido operators have 28% of stake.
- 0 replies
- 0 recasts
- 0 reactions