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Utility-Based Staking - a New Web 3 Token Economics Model?

For those who were around since the early days of crypto, staking is far from a foreign concept - for early Layer 1 blockchains, it was a way for validators to align their interests with the network and at the same time get rewarded in the process. Staking has been utilized in other decentralized network and DAO-like governance functions, such as voting (and subsequently voting power)
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