Q10 — What’s The Liquid / Staking Proportion In Your SNAX portfolio?
Haven’t find any trace of staking option in the wallet or the web page. How is it done and what are the advantages of staking?
I can imagine that staking would be of enormous importance for Block Producers, as this is, if I have correctly understood, DPOS system, which relies on staking. On the other hand, it is very hard to have a serious conversation on this topic before we got an initial value of SNAX. When I buy my first snack with SNAX, then we can talk.
On the other hand, while SNAX does not have any value, staking could be the best starting option — since you already can’t buy anything with it, why not ‘put it in savings’, right? Having a nice quantity of SNAX in the moment of initializing value, can be quite lucrative. Hope it won’t be a huge value in the beginning, since many of the bitcoin early adopters went nuts. I really do not wish a yacht much larger than football stadium, four solar flying cars, and certainly not more than 12 wives. I was always modest by nature…
Sorry, I couldn’t resist :)
https://snax.one/steem/lighteye
Comment as you see fit!
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Linked posts:
Q09 — What Will Make A SNAX Block Producer Worthy Of Your Vote? Or A STEEM Witness?
Q08 — Do You Vote For Block Producers In the SNAX Ecosystem? How About Witnesses In The Steemit Ecosystem? If So, For How Many / How Often?
Q07 — Do You Write For Other Blockchain-based Platforms? If Yes, Can You Try To Rank Them Based On The ROI On Each Of Them?
Q06 — What Are The 3 Most Plausible Use Cases For The SNAX token?
Q05 — What Are The Most Plausible dApps You See Developed On The SNAX Blockchain?
Q04 — Where Do You See The Price Of SNAX In 6 Months, 1 Year And 3 Years? Why?
Q03 — What Do You Think About The SNAX Reward Algorithm?
Q02 — What Was The Most Difficult Part In Linking Your Account With SNAX And How Could This Process Be Improved?
Q01 — When did you first hear about SNAX and in what context?
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This is a text for the 30 Days Challenge hosted by our @dragosroua
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Thank you very much for this valuable advice, @dragosroua.
Walking on the St Tropez dock, I realized that the important point is to have a yacht bigger than your neighbor, not the size.