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Jesse Morris Profile picture
Jesse Morris
@ja_morris
CEO of @energywebx energy efficiency / cleantech / digital enthusiast. Views my own.
Nov 10, 2021 • 9 tweets • 3 min read
I've been getting lots of questions about how staking works for $EWT holders on @energywebx. In a sentence: our staking model is analogous to Parachain staking on $DOT / $KSM but instead of Parachains you stake against “Service Providers”. Thread (1/9) 👇 The most unique thing about @energywebx staking = entire model is tied to real world business activity. Staking on other blockchains is inflationary, lock up tokens, more are released from chain as incentive for you to hold. No connection to real world business value (2/9)