is no need for EWT staking. Nobody is staking to run a node. They have a community pool to pay staking rewards as an incentive for staking. So the whole staking posi is there to hold the price up, while partner & founders are dumping. When all coins are on the market the community pool will dry out and the price will collapse. So participating is not very sustainable.. Users need EWT to pay transaction fees, but how much adoption is needed to hold the current price?
You don't understand staking.
https://telq.org/question/6250e568b2d5debe9eb076c5
There is more to the utility of EWT. for example look at it from DIDs aspect alone. We will be having atleast about 200 mill DIDs in the next couple of years. These DIDs need EWT to be registered and each DID will likely have around 0.1 EWT from this alone give or take over 20m of the token supply will service this.
Am I correct in my understanding that if the EWT price 10x'es in USD value registering a did will only cost ~ 0.01 EWT?
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