A look at the evolution of crypto staking, from a useful tool to a quasi-Ponzi scheme, and how Yuga Labs is effectively paying people in ApeCoin to hold ApeCoin (Cobie)


Cobie:

A look at the evolution of crypto staking, from a useful tool to a quasi-Ponzi scheme, and how Yuga Labs is effectively paying people in ApeCoin to hold ApeCoin– Recently, I was contacted by a member of the board of ApeCoin, which is the BAYC token’s equivalent of a board of directors I guess.

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