The fee-to-incentive ratio on Ethereum L2s is much lower: $Opt at 25% & $Pol at 10%, compared to ETH's 68% 💸. Are they overcompensating with token incentives? 🤔 Only hyper-adoption can make this sustainable 🚀. Can they grow fast enough to offset inflation risks?
As of November 2024, the annual inflation rates are approximately: Bitcoin (BTC) at 1.7% ⏳, Solana (SOL) at 5.1% 🌱, and Ethereum (ETH) at 0.74% 🔥
Thanks to EIP-1559, the incentive decreased by 90% for Eth, we clearly see that from the chart
vlEGP is now live!☑️
As the governance token of @Eigenpiexyz_io, locking $EGP as vlEGP allows users to influence decisions on our platform.🗝️
100,000 EIGEN tokens will be allocated to vlEGP holders over the next 12 months, starting today. Additionally, the following incentives are planned to be distributed to vlEGP holders: 8.59M @zircuit Tokens, 149.40M Zircuit Points, and @swellnetworkio Points Allocation. A fee will also be charged from restakers on Eigenpie and distributed to vlEGP holders.💸
Lock EGP as vlEGP now and start accumulating rewards:⤵️
https://t.co/8sqbKTi02e
Wen DeFi appreciation day?
$vlEGP ( staking ) coming soon, I think.
Should be some pretty juicy yield with the amount of ETH staked, low float ( not many can stake ), and 100k $EIGEN being streamed + other points to $vlEGP lockers...
Poor dog or rich dog in 6 months?
@FrankyyV2@Bitcoin_Buddah @Ashcryptoreal It probably will go there and fall from there as institutions have the money to manupilate and options is a zero sum game :)
We are aware of an issue with the Radiant Lending markets on Binance Chain and Arbitrum. We are working with SEAL911, Hypernative, ZeroShadow & Chainalysis and will provide an update as soon as possible. Markets on Base and Mainnet are paused until further notice.