1 / Most POS blockchain rewards comes from inflation & most people mistake those staking rewards as more money for them when it is actually not always the case.
So getting 10% more of a crypto that has inflated by 10% means you are stagnating & just getting more units
So getting 10% more of a crypto that has inflated by 10% means you are stagnating & just getting more units
2/ LA $LUNA is a productive asset and 6% of its overral 14% staking reward comes from its economic activity. The rest comes from airdrops and this is where it gets interesting.
Airdrop is the best way to get attention when launching a protocol.
Airdrop is the best way to get attention when launching a protocol.
In the $LUNA ecosystem airdrops such as ANC and MIR are designed to last in time with a claiming process leading to users visiting the web apps thus driving every $LUNA stakers to potentially use those protocols. This is a strong vector to capture more users over a long period
So if you are a new protocol launching on the ecosystem you are shooting yourself in the foot by not having a similar airdrop strategy.
Thus a tradition is shaping up for every new protocol to airdrop to $LUNA stakers.
$LUNA is an airdrop magnet.
Thus a tradition is shaping up for every new protocol to airdrop to $LUNA stakers.
$LUNA is an airdrop magnet.