Restokbit expert: Stacking on exchanges is marketing
Stacking is not an investment tool. This was told by the CEO of Restokbit.
“I would not advise you to perceive stacking exclusively as an investment-speculative thing, because there the essence is completely different. The reward from stacking is not that big. Stacking itself is an infrastructure thing,” explains the CEO of Restokbit.
According to the CEO of Restokbit, in fact, providing stacking to exchanges does nothing but marketing.
“Exchanges attract users by promising them an additional reward from the fact that they will “stake” on their balance. In principle, this is convenient for users, but extremely negative for the entire ecosystem,” says the Restokbit expert.
The CEO of Restokbit explains the negative by the fact that in most cases the exchanges do nothing for the blockchain itself, and the role of the validator is fundamental.
“Validators should be active, support the network, and exchanges mostly do not do this, because the degradation of the network occurs,” says the specialist.