behind a dumpster
If CCIP is so fucking good, level infinity security, do we really need to sell it for pennies? I guess the answer is yes
If you sold it for hundreds of dollars. Who would buy it?
its sad cause its built for scale
Yes and I thoroughly agree and understand this, but before we start processing infinity billion messages daily - it’s a ball stomping is what it is
but i dont see how stakies can complain if the floor is 4.75% apy and others offer 8% - sergey probably
Ccip is like an insurance against losing your money while wiring it. It makes sense that the more you send the more you're willing to pay to secure it. It's simple basic economics.
CCIP is the protocol to send tokens. Insurance is provided by staked link if the protocol fails. No one is going to spend 5% to insure millions of dollars
Umm no. Paying more doesn’t get you your moneyback if it’s lost. Don’t see the analogy to insurance
If you don't have the value of the token grow with the amount it is securing the penalties won't be able to be paid
As long as the fees paid equal more than insurance premiums paid out, the value grows
Paying more per transaction is more akin to a tax than insurance
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