In the Solana ecosystem, SOL's worth isn't pegged to anything external—1 SOL simply equals 1 SOL. No counterparty risk, no backing mechanism. Its value exists purely through network consensus and utility within the chain itself.
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TokenomicsTrapper
· 6h ago
lol "1 SOL equals 1 SOL" is literally just saying nothing has value... actually if you read the contract, this is just consensus cope. network utility doesn't price assets, liquidity does—and we all know what happens when that evaporates
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ImpermanentPhilosopher
· 6h ago
Purely driven by consensus is absurd; isn't this just a confidence game?
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RamenStacker
· 6h ago
That's why I like Solana so much, it's purely exceptional.
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MEVHunterZhang
· 6h ago
This setup of SOL sounds quite pure, but can the actual liquidity hold up...
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GateUser-5854de8b
· 6h ago
To be honest, this logic is a bit circular. 1SOL=1SOL isn't obvious, haha.
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GasFeeDodger
· 6h ago
Sol's logic is solid; its value is supported purely by consensus, without any fancy collateral.
In the Solana ecosystem, SOL's worth isn't pegged to anything external—1 SOL simply equals 1 SOL. No counterparty risk, no backing mechanism. Its value exists purely through network consensus and utility within the chain itself.