I have down syndrome. It seems too easy.
>buy 5000
>stake 5000
>get 3 free tokens a day
>At some point tokens end up being worth $40 each
>Earning $100 a day for free
Yeah I can't see how this works
Explain LIT Proof of Stake tokenomics
Noah Reyes
Other urls found in this thread:
imgur.com
warosu.org
twitter.com
lition.de
twitter.com
Mason Rodriguez
$0.004 each
i fixed your typo for you
Dominic Young
Oh so you're bearish and think it will crash to shit. Ok thanks. Good explanation.
>Disregarded
Dominic Barnes
what purpose does "staking" serve? do you validate or generate blocks?
Jacob Gomez
Hey I don't know enough about the theory behind proof of stake, and why it benefits a token? I am a busy guy who can't read anything and everything about crypto so I'm asking here for a decent explanation. I literally don't see how buying and staking and earning a future $100 a day when this project "Moons", is that easy?
>If it is too good to be true, it usually is
Wyatt Russell
you obviously know shit about LIT. their mainnet is broken, staking is a joke because it does nothing for lit.
Jaxson Roberts
>Dont know shit
Guess thats why I'm here. Can you explain the purpose of proof of stake as a functional concept, and relate it to why it serves no function for LIT?
Adrian Collins
I'll help, staking is a useful indicator that you're buying into a shitcoin scam
Juan Hernandez
Explain why KSM is a scam?
Brayden Young
Zig Forums really is brainlet material like they told me.
>shitcoin
>youre dumb
>this will moon because I said so
>thats shit because I said so
Good transfer of knowledge everyone.