“On one hand inflation redistributes ownership of the network to those who stake, but it simultaneously decreases the dollar-denominated fee yield (paid in sUSD) per SNX over time. The problem with this is that it creates constant downward pressure on the price of the SNX token,” he added.
Read More: www.coindesk.com
Bitcoin (BTC) $ 96,762.00
Ethereum (ETH) $ 3,703.02
Tether (USDT) $ 1.00
Solana (SOL) $ 242.89
XRP (XRP) $ 1.91
BNB (BNB) $ 661.09
Dogecoin (DOGE) $ 0.426572
USDC (USDC) $ 1.00
Cardano (ADA) $ 1.11
Lido Staked Ether (STETH) $ 3,703.28
Avalanche (AVAX) $ 44.94
TRON (TRX) $ 0.204998
Toncoin (TON) $ 6.56
Stellar (XLM) $ 0.545873
Wrapped stETH (WSTETH) $ 4,379.83
Shiba Inu (SHIB) $ 0.000026
Wrapped Bitcoin (WBTC) $ 96,601.00
Polkadot (DOT) $ 8.77
Chainlink (LINK) $ 18.55
WETH (WETH) $ 3,705.79
Bitcoin Cash (BCH) $ 514.80
Sui (SUI) $ 3.43
Pepe (PEPE) $ 0.000021
NEAR Protocol (NEAR) $ 6.90
LEO Token (LEO) $ 8.75
Uniswap (UNI) $ 13.16
Litecoin (LTC) $ 101.34
Wrapped eETH (WEETH) $ 3,898.15
Aptos (APT) $ 13.05
Hedera (HBAR) $ 0.168957
Internet Computer (ICP) $ 12.05
USDS (USDS) $ 1.00
Cronos (CRO) $ 0.186152
Ethereum Classic (ETC) $ 33.46
POL (ex-MATIC) (POL) $ 0.592114
Bittensor (TAO) $ 613.00
Render (RENDER) $ 8.72
Artificial Superintelligence Alliance (FET) $ 1.73
Ethena USDe (USDE) $ 1.00
Kaspa (KAS) $ 0.159157
Arbitrum (ARB) $ 0.969916
Filecoin (FIL) $ 6.13
Celestia (TIA) $ 8.34
VeChain (VET) $ 0.044365
Dai (DAI) $ 1.00
Algorand (ALGO) $ 0.417126
Stacks (STX) $ 2.30
Bonk (BONK) $ 0.000046
WhiteBIT Coin (WBT) $ 23.48
Cosmos Hub (ATOM) $ 8.58
