This is a deeper dive into the Cosmos ecosystem and how the core token, the $ATOM, gains value.
This is one aspect I didn’t touch in this video, but have slightly in others. The standard 21-day un-staking period for ATOM tokens acts as a MASSIVE IMPEDIMENT to panic selling. It can’t be leveraged*, it can only be lost through malicious behavior, and generates value vs un-staked ATOM. The 21-day “notice” period turns into essentially a MANDATORY three-week, “I quit!!!” cooling off period for removing organization value from the state machine. It’s not to be done lightly, and helps secure the network from panic dumps and whale accumulation.
“*” This is why I have some reservations re: “liquid staking”.