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Sam Kamani

๐Ÿ‘ค Speaker
2653 total appearances
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Appearances Over Time

Podcast Appearances

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

So you end up, and then there is transaction costs, all that.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

So you could end up losing money at every loop.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

And so it is 100%.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

It's not advisable for someone new just dipping their toes into getting anything like that.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Yeah, there's so many, so many moving parts to something like this that, yeah.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

And same thing happens in the track firewall that this is where people get into, get into trouble and all that.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Yep.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

And I had the question here on, you know, how you talked about earlier about incentives that you didn't incentivize to the like extreme levels or anything.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

In your point of view, what incentives work the best for long-term sustainability?

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Participation.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Yeah, absolutely.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

It's like, I know, I mean, it's like airdrop farming is big in our industry.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

No other industry has anything like that.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

It's very, very unique.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

And, you know, most startups have raised funding.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

So there is two aspects to every token.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

One is the retail side.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

You want retail to be incentivized.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

But at the other side is that if they've taken venture funding, you want that venture funding to be incentivized as well to stay in it.

Web3 with Sam Kamani
356: Leverage, Liquidity & The Future of ETH Staking with Guest Speaker Steven Pack from RockSolid

Because for VCs, they need to exit and then reinvest in the next batch of startups.