validator economics is rotating through desk risk limits

The healthier setup is alignment: validator economics improving while market makers stays orderly.

The healthier setup is alignment: Ether improving while DEX volume stays orderly.

Put beside current chatter on “Geopolitical Strategist: Bitcoin Is the “Third Way” Between the Dollar and Yuan,” the incentive problem looks clearer.

Attention jumps quickly; capital moves more slowly.

Attention jumps quickly; capital moves more slowly.

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