Thread by @Liscivia_

1/ I see a lot of #FrogNation's 🐸 haven't yet figured out what Liquid Staking truly means for @Wonderland_fi and $TIME but also for $SUSHI and the whole @danielesesta's ecosystem in the medium/long term.

A short ELI5 🧵

2/ Firstly and most importantly, liquid staking aligns incentives for the community to chose a staking provider that it's not centralized in nature, naturally removing delegations from CEXs to the benefit of the decentralization of the networks you chose to support

3/ Liquid staking also solves a big problem that is L1 liquidity, allowing for staked tokens to hit liquidity pools and chase further yeld.

4/ Now consider the holdings that the $TIME treasury already has in L1 tokens, those would be the first assets to be staked in a decentralized way.
This would:
A) Immediately create BIG earnings for the Treasury
B) Allow for the liquid staking derivatives to be used for farming

5/ Where could frogs and possibly the Treasury, go farm with the liquid L1 tokens? Mmm...
Maybe @SushiSwap?
OFC there would be incentives for the DAO's LS derivative.
This would:
A) Create deep liquidity in 🍣's pools/pairs
B) Further incentivise @Wonderland_fi's staking solution

6/
C) Keep providing better incentives to move delegations off from CEX's
D) Keep increasing the security of the networks by providing decentralization
E) Keep attracting more capital into $TIME's treasury
F) Keep driving revenue to the treasury and the community.

7/ OFC liquid staking is the future for every POS chain and everybody knows this, but @SushiSwap's becoming the most liquid Dex for liquid staking tokens is endgame.
How do you think this would affect $MIM demand?
Do you think the pairs would be in USDC? 😂

8/ Come join the community and the discussion in the official Discord to help bring Decentralization to the best BC networks, grow revenue and let's #OccupyDeFi Together!
discord.gg/2VggGQDc