Zhu Su: The Ethereum meme coin is relatively weak, and the situation will change as the revenue returns to the beacon chain revenue
2024-04-29 01:37:20
Zhu Su, founder of Three Arrows Capital and OPNX, tweeted that the Ethereum meme coin is relatively weak because Ethereum participants will earn 20-40% of the re-pledge proceeds compared to buying ERC20 tokens as a way to stack Ethereum and decide to pledge only on a risk-adjusted basis. This will change as the proceeds converge back to the beacon chain proceeds.
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