Steven Pack
๐ค SpeakerAppearances Over Time
Podcast Appearances
It has to make sense.
It's got to be quid pro quo.
The person holding the token has to have something at risk and they have to get something for it.
RocketPool actually has a big tokenomics revamp launching, I think in five days, maybe February 9, which is kind of exactly that actually, that the RPL token, which has had a, had a bad run, but it's getting some real utility that it earns holders a share of protocol revenue.
And, but you need to do things.
So you need to stake it.
You need to vote.
Like that's one thing that that protocol values a lot is.
participation and kind of lets you choose how much exposure you want to the rpl versus how much you want to just native x so you can kind of choose how aligned you want to be to the protocol how much risk you want to take and how much more you want to get so yeah that's that's just about to launch we'll see we'll see how it goes i think it's a really innovative model but yeah there are models out there um but
Yeah, we haven't had to utilize them yet because we've got a good product in the market.
It has product market fit.
DD your investors and see what their actions have been with prior teams' tokens.
Yes.
That is an important thing to know.
Great.
Actually, Sam, I realized I didn't tell you something about the Lido stuff.
those like st volts that solve that problem of you know choosing your like the choosing the native staker and who you're going to stake with and all of that but still being out access liquidity so we we wrap that up into a loop default right so it's a vault people can deposit into but actually we have a product coming soon um
that is basically wrapping all of that up.
Like the way Lido have sort of packaged it, it's still kind of like raw.
Like you have to deploy your own smart contract and you have to like set it all up.