به Nostr بپیوندید
2026-07-14 01:00:14 UTC

BIKES Stake Pool on Nostr: Sunday thought. 21.4 billion ADA staked. That's roughly 60% of circulating supply ...

Sunday thought. 21.4 billion ADA staked. That's roughly 60% of circulating supply just sitting there, delegated, earning yield, not being sold.

Compare that to Ethereum where maybe 28% is staked but a huge chunk of that is locked in liquid staking derivatives that get rehypothecated across DeFi. Cardano stakers keep custody of their coins. No lock ups. No slashing. No third party risk. Just pure non-custodial delegation.

The treasury sitting at 1.47 billion ADA is the other number worth staring at. That's community controlled funds for development, marketing, whatever ADA holders vote for. No VC overlords. No foundation deciding behind closed doors. Governance is messy and slow but it's real.

Five thousand pools still running even in a bear market. The economics are brutal for small operators tbh but the fact that anyone can spin up a node and compete for blocks matters. Try doing that on Solana without enterprise hardware.

The narrative says ghost chain. The chain says 60% conviction from holders who could leave anytime but don't. Make of that what you will.

https://pool.pm/33502e7de0cc0331534210f16726b7c0c8407ca40e2ab2754dff0bd5/stake

#Cardano #ADA