/biz/ - Business & Finance

The stake.link team may have just fixed their broken tokenomics with this new governance proposal (https://talk.stake.link/t/slurp-5-solidify-sdl-supply-economics/69))

>"We propose implementing contract changes to the stake.link protocol to: a) mint 235,000,000 SDL tokens (resulting in a total supply of 500,000,000 SDL); b) permanently remove the ability to mint SDL; and c) enable the ability to claw back locked SDL assigned to Node Operators."

Let's see what other tokens focused on LSDs have to offer:

· LDO (1.7 billion USD Market Cap) - it's just a governance token, with no APR attached to it.
· RPL (1 billion USD Market Cap) - it can't be staked unless you are an Ethereum validator, it's a governance token, although the buy pressure dynamics are smart.

Now, with 31 million SDL in circulation (https://token.stake.link/circulating)) at $0.25, SDL has a market cap of $7.75 million USD. It's literally the first Chainlink focused DAO composed of Chainlink node operators, and they are also getting into the Liquid Staked Tokens territory, which will be one of the hottest topics for the next narrative-driven bull run. SDL has a 0.15% APR, grants governance rights of the protocol, and entitles you to early access for Chainlink staking. The APR goes up with LINK price action, with further staking cap increases, and with more nodes joining the protocol.

In a bull run, this could go from a $7 million MC to $200 million MC territory being conservative.

>>8591870
>>8591907
There are not the original AssBlaster trips.
>>8591942
These are the original AB trips.

>>6918952
>tfw Assblaster is Satoshi Nakamoto

So where is his predicted million $ high buy wall at? He was, is and will always be a tripfagging LARPER.

fresh oc
no bully pls