TECHNOLOGYR/CRYPTOMARKETS
Why do people sleep on staking DEX tokens? Asking because of my experience with SUSHI
The article discusses the user's experience with staking SUSHI tokens, highlighting the mechanism where staking SUSHI earns xSUSHI and fees from trading pools are used to buy back SUSHI for stakers. Despite SUSHI's historical trading volume and fee generation, the token's price remains low, raising questions about whether the market undervalues fee-generating DEX tokens in favor of narratives and momentum.
Mentioned