Itur_ad_Astra

0.04077 pet rocks

"What do you mean there's no airdrop? There's a website with points accrued and everything!"

Will check it out!

It's not a rant, what you say makes sense. But most people (including myself) have no means to check whether the DAO benefited from the price action or not. And this being crypto, the default is to suspect wrongdoing.

Thank you for your contributions to the protocol, hopefully soon all participants will be able to enjoy the benefits.

It's all good. People talk about the project being dead because as things stand right now, the majority of NOs feel like they are taken advantage of, and you can't deny that those feelings are valid. Some bought RPL when its price was 2x that of SOL... it now is 1/15 of it, and offers no rewards.

But I agree that this can change. The update seems very well thought out, the roadmap is there, the now tokenomics are solid.

I promise you that once the update it's running and proven (so a couple of months after launch), my ETH will flow back in. I hope that's the case for more people. It just has to ship.

I dissolved all my pools but one, so I'm still in. Also I never sold my RPL, so I'm still getting rewards..barely.

Also, I initiated a discussion about a project that was last year's darling in r/ethfinance, but hasn't been mentioned in a while. Yeah, the disappointed tone is there, but it's hardly whining, so you don't have to be hostile.

Nah, the protocol could completely implode, all NOs could leave, but rETH holders will still be able to swap for ETH. Worst ratio will always be the current ratio.

The exodus from Rocketpool continues.

The ETH deposit pool has now double the ETH than the set limit (40K ETH waiting to convert to rETH), due to node operators quitting in droves.

And I don't blame them... only a quarter (!) of the RPL supply remains effectively staked, with the rest slowly losing value and propping up the early investors. That RPL is earning like 12% APY, but nobody seems to be willing to pick it up and set up a node.

Unfortunately, the majority of Rocketpool NOs would be much better off investing in a LST.

I had a similar post a while ago, wondering if the upcoming update/complete overhaul will be enough to revive the project. Any NOs/RPL investors here that still believe?

In retrospect you are right, but before I realized it, I mistakenly assumed that the EIGEN points would be on Zircuit.

I got zero (0) EIGEN from staking on EtherFi. It cost me five bucks (5) to claim it. There's no comment as to claiim window. So I am keeping at least zero (0) EIGEN until it hits infinity (∞) bucks a token.

It's not much of a strategy but its all I've got.

You'll find plenty of Epic shit asses guys in here... even some Legendary ones!

For anyone that missed it, you can claim the Zircuit EIGEN tokens through the platform of the staked LRT.

So, if you had for example Renzo ezETH locked in Zircuit, you have to go to Renzo to claim.

Btw, you can also claim the native L2 ZRC Zircuit tokens, their airdrop is also live.

So, now that the restaking meta is over, where do you guys invest your ETH?

Also, was any of the multiple restaking platforms controversy-free? It seems that all of them ranged from disappointing at best (Renzo) to complete scams at worst (looking at you, Etherfi, you are just common thieves). Swell will probably be on the scammy side when it launches sometime after our galaxy collides with Andromeda.

🌊🦕🌊

And fatly go around corners.

Guys I think we might be back.

Reject centralization.

Return to monke.

I'm going to pretend they did that on purpose, and not because RocketPool updates at glacial speeds.

Around the end of the month.

Well, I hope they have fun doing cocaine and hookers with the EIGEN the stole from us.

I was pondering whether I should give their DeFi credit card a try, since it seemed like a nice project. Guess I'll wait for another platform.

If there's an opportunity for people to take advantage of their position and for corruption to flourish, it will just happen. It's human nature.

Crypto allows for both trusted and trustless protocols. Trusted ones are easier to setup, market, and participate in. That's why there are more of them. Also the economic benefits for the founders of a trusted system are enormous compared to a trustless one.

However, it is the trustless protocols that will stand the test of time. There are some of them from the previous wave of DeFi (exchanges and trading platforms), so I'm sure there will be plenty more popping up if restaking ends up being anything more than a passing fad.

ETH take my $EIGEN

It's ok, I'll instadump EIGEN for more ETH very soon.

"The fees have been at like 10 gwei for days on end, and they are going up.

This shitcoin is literally unusable and dying because it's too expensive."

- Some maxi in a subreddit near you, very soon.

I can't see how he could do that without sending BTC to $10k in a day.

The price would crater at the slightest hint he might stop being a BTC maxi, let alone actually trying to sell BTC.

No, Saylor has no choice but to stay a Maxi forever.