/biz/ - Business & Finance

The decentralized space has never experienced a combined multifaceted single asset supply crunch at the same time as that asset increases demand through passive income. In an asset that offers passive income this generally results in one outcome: extreme price action that vastly outstrips appropriate valuation based on revenue and an eventual bubble. This bubble, for the above reasons, will be at least one order of magnitude greater than what was seen with eth in 2017.

Expect the following:
- Within the next year link above 300 with retail level staking yields through established nodes of 2-3%, 5-8% for new nodes looking to build reputation
- Within the next three years link topping out between 4,000 and 12,000 with retail yields under 1%
- Once the retail yield of link stays under 1% for 3 months, consider selling some as a significant drop of over 80% will occur
- The market will then mature with data based multivariate models and will grow at rates similar to f500 indices while also offering low (1-3%), predictable yields

>>50351551
The risks of a cross chain protocol are many:
- The incoming chain can have issues
- The bridge can have issues
- The antifraud network can have issues
- The recipient chain can have issues

Only two of those issues are addressable by the DON providing the cross chain bridge.
And most importantly, the bridge DON can't really do anything to protect one chain from misbehavior of the other, it simply can prove that it did or did not receive a message/payment and that it was or was not successfully transmitted.
Whether that message was right from the originating chain or whether the recipient chain did the correct thing is out of the oracle network's control.

I'll answer any questions honestly and meme free