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Cypherpunk Times

Non-custodial Staking - Moving Forward

23 Dec 2023

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When it comes to passive income, why should the miners have all the fun and rewards!? If you offer something valuable to a project, you should be incentivised. Holding and hoping the coin will go up in value shouldn’t be the only incentive. I consider long-term holdings like a traditional saver account, if you’re holding you should be earning interest. **Rewards & Income:** + Mining rewards + Staking / Interest + NGU reward + DAO earnings When you stop and think about it, coin holders are the backbone of most crypto projects, sometimes referred to as hodlers (Hold On For Dear Life). This is because they have a long-term conviction, incentivising people for holding should be a core mechanism. Decred built its project around the belief that coin holders should have the final say on every decision made. These are the people who have the most to lose, so they should be the ones signing off on every advancement to the protocol — proposals, consensus changes and spending. cypherpunktimes.com

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