59.7 of all Theta are staked on Validator / Guardian Nodes. This is up from 59.2% about a week ago.
We're getting VERY close to 60% staked.
It takes 48 hours to withdraw staked Theta from a Guardian Node so it builds confidence & stability when 60% of ALL Theta tokens in existence are locked up, staked on the network. It means 60% of the holders of Theta are IN for the long game. It also reduces the chances of a fear-based cascade sell off that can occur in other cryptos.
We're staked, we're locked in because we know ;)