TIA staking stats: 72% of circulating supply staked, 420k delegators
Thread71 words
72% of circulating TIA is staked by 420k delegators across 550k+ delegations, averaging 1.4k TIA ($8k), per SmartStake. He expects staking-based airdrops to be heavily diluted and prefers Sloth NFTs and light nodes.
Key claims
72% of circulating TIA staked
420k delegators in 550k+ unique delegations
Average delegation 1.4k TIA ($8k)
> 72% of circ. $TIA supply is staked
> 420k delegators staking $TIA in >550k unique delegations
Avg. delegation is 1.4k $TIA ($8k)
$TIA staking seems like a crowded game & I feel like 🪂 will be heavily diluted
That's why I bet on 🦥 💤 and light nodes for modular airdrops t.co/x0gQghexvg
But yes, I'm also staking some $TIA, just in case.
And the above data is from @SmartStake btw.
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What came next · since 09 Aug 2024
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This data piece reports the numbers without making a call on the token, so price moves since publication are shown as market context.
Covered, no call
Since then
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Daily closes in USD from DefiLlama and Yahoo Finance. Only a bullish or bearish call in a thesis or market take is tracked; explainers, lists, maps and mentions are neutral context. Not financial advice.