I have heard of Unichain but had not researched it. Your article was a helpful primer for this new token so thank you!
we can take some Ethereum for example or even Hive we earn here and swap that into stocks, bonds and even real estate will be mind blowing cool and epic
This has me thinking. I'm not sure about the accuracy of my thoughts but I'll try to drop them here and see what others think.
I'm thinking about the talk I see in many crypto videos and X posts about how we should HODL! The idea is that if we all held on to our crypto for a while, then the supply for trading/selling would be less, and the price will go up if demand stays the same or increases.
Here on Hive we have the new KE Ratio which measures how much one earns vs how much Hive Power they have. There is even a website for checking anyone's KE at https://beebalanced.streamlit.app/ Less than 1 is supposed to be a good ratio. I got 0.56 :)
This KE Ratio is talked about as a metric to be taken into account when voting for someone on here. Maybe more importantly when adding them to a votebot or auto voting system for continuous voting. The idea is that if we're voting for someone who sells most of every reward they get rather than staking it as Hive Power, then that is not good for the Hive price.
So my concern is that if crypto becomes even easier to cash out of, to buy more conventional assets, then would the price of some cryptos, Hive in particular due to how relatively easy it is to get some, stay lower than if people held on to their tokens?
I guess we all do want the ability to move tokens around easily from one chain to another without wrapping and unwrapping them. Just thinking about the side effects. Will smaller/weaker chains be hurt by this as bigger/stronger chains grow? I guess we'll have wait and see because this ease of token transfer on Unichain is definitely coming!
Thanks again for the excellent post. I probably went a bit off topic but this is what came to mind as I read it. Have a nice day! :)