Why staking(3,3) is so important

Why has (3,3) become such a popular meme? Well, the benefits of this type of system are clear:

1. you get to join a huge community,
2. your assets continually accrue in value
3. you get access to a brand new currency for payments
4. the whole system encourages diamond hands. It’s this very system that has already turned many early investors in OHM into super whales. So, how did they do it? It was that ephemeral and amazing concept of compounding profits!

Our thanks go out to @phevenstrong for this amazing calculator.

https://docs.google.com/spreadsheets/d/1eyFSw6M-TwDkNYl06v2GpY0xiY6D0pabxP7PxSujBYg/edit#gid=0.

No other system encourages diamond hands better than staking. For example, just a 0.4% rebase, compounded over 30 days, results in a 40% ROI. So, if you get in early, your return can be even more spectacular.

Let’s look at a real live example using OHM. Just 180 days ago, the price was $600. So, if you had bought in then and staked until now, you would have earned an APY of 7,000%! So, you would have ended up with a 7-fold increase in your OHM holdings. Then, add to that the price increase over that 180-period, and you are looking at an ROI of 1,200%! That’s how astounding the power of compounding profits is! And, staking is not just a profit strategy, staking with diamond hands also helps to stabilize the overall system. So, diamond hands provide stability to the system and the system rewards that with lucrative rewards.

This is why staking is so important to the overall concept. And, at Meta DAO, we are intently focused on this. We are new, but we stand on the shoulders of giants. With OHM as our inspiration, our Memies understand the importance of staking to earning big from long-term, stable APY.

Let’s say you start with putting $100,000 into $META. Based on a 0.4% rebase, that initial investment would produce $1,200 per day, which is well above an average working person’s salary, plus the value of your initial investment would continue to grow. Plus, $sMETA is the optimal debt collateral because it continually increases in value, thereby continually expanding your debt limit. And, the more stable it is, the lower the liquidation risk, which means the more widely accepted it will be among other platforms and applications.

So, within this new paradigm, there really is no good incentive to unstake $sMETA. In fact, it’s quite the opposite because you can still stake it while also continuing to use it. No doubt, what Meta DAO is doing sounds a lot like utopia, but it’s actually very much reality.