What is TVS to Market Cap. What does it measure. Why is it important.

16 Oct 2023, 17:21
What is TVS to Market Cap? What does it measure? Why is it important? Total Value Secured is an important factor for oracles because it showcases the value that is being secured by that network or protocol. An added layer is TVS/MCap. 1/n

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Witnet
WitnetWIT #3738
Twitter
16 Oct 2023, 17:21
This shows the resilience of the network and the robustness of its collateralization features. There have been concerns about this uncorrelated value, however. Proof of Stake will allow Witnet to scale in linear fashion with the protocols it secures.
This shows the resilience of the network and the robustness of its collateralization features.
This shows the resilience of the network and the robustness of its collateralization features. There have been concerns about this uncorrelated value, however. Proof of Stake will allow Witnet to scale in linear fashion with the protocols it secures.
Witnet
WitnetWIT #3738
Twitter
16 Oct 2023, 17:21
I.e. as Total Value Locked goes up, so should the amount staked on the network, and thus the price of the coin as there is limited supply. 13.75 is a powerful number right now, but if this number is as close to zero as possible, Witnet would be the most secure oracle on earth.
as Total Value Locked goes up, so should the amount staked on the network, and thus the price of the coin as there is limited s
I.e. as Total Value Locked goes up, so should the amount staked on the network, and thus the price of the coin as there is limited supply. 13.75 is a powerful number right now, but if this number is as close to zero as possible, Witnet would be the most secure oracle on earth.