Zhu Su: Ethereum meme coins are relatively weak, and the situation will change as revenue returns to the beacon chain
Zhu Su, founder of Three Arrows Capital and OPNX, tweeted that the Ethereum meme coin is relatively weak because Ethereum participants compare earning 20-40% of re-staking rewards and buying ERC20 tokens as a way to stack Ethereum, and decide to only stake on a risk-adjusted basis. As returns converge with XinFin chain yields, this situation will change.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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