@GPSC_STX@StackingDao@Stacks@DoraHacks@TalentProtocol I think BTC inscriptions have already proven their wealth-generating potential in 2023, and there may be another wave of practical applications for BTC inscriptions. We can try to seize the opportunities that are closer to us.
@GPSC_STX@StackingDao@Stacks I believe this is precisely the war-funding function of the SIP-031 proposal: attracting institutions and capital and incentivizing the development of blockbuster applications, but its implementation is quite difficult.
@GPSC_STX@StackingDao@Stacks This would increase the price-to-earnings ratio of the STX token while ensuring network security, thereby maintaining the price of STX.
@GPSC_STX@StackingDao@Stacks I believe that the success of Stacks currently depends on the development of high-frequency trading applications and attracting enough funds to participate in financial activities, so that Stacks rewards are mainly based on transaction fees.
@GPSC_STX@StackingDao@Stacks I think this aligns with what I meant. I don't oppose the proposal itself; it delays the halving of security incentives for stacks while the ecosystem is still developing. However, once the halving is implemented, it will indeed be a negative for stacking apy.