/biz/ - Business & Finance

So from what I understand:

1) They have a pretty steep inflation rate to incentivize early staking (3%)

2) you receive a cut of Query fees so you want to pick actually useful indexes and not just BS BECAUSE:

3) there is a .5% deposit fee for staking AND unstaking an index. Which is nothing to sneeze at so you actually want to put some thought on who you stake on.

So you're gonna want to stake on an Index but you're gunna want to pick a good one (delegators can't get slashed if the index fucks up they just stand to lose the staking unstaking fee and the lost revenue from staking a shitty index).

So the question is which ones are good? Currently it looks like the only indexes are a bunch of ones for Pooltogether:

https://network.thegraph.com/

https://pooltogether.com/

No idea what any of these even are, but is there any reason I shouldn't just park my stack there until something better comes up? Assuming a bunch are being developed right now. Am I missing something here?

>>24940012
are there any bluechip indexes that are safe to stake on? .5% deposit is pretty steep I don't want to wait around to get inflated but I also don't want to burn GRT on shitty indexers and maybe even get rugged?