What is Mercenary Capital?
Let's find out Mercenary Capital meaning, definition in crypto, what is Mercenary Capital, and all other detailed facts.
Mercenary Capital is a term used to describe a type of opportunistic capital. It’s issued by investors whose main goal is to benefit themselves from short-term programs that are launched by platforms in order to incentivize its users.
Usually, it’s a temporary stop for these investors while they wait for better opportunities. Additionally, investors withdraw their capital when the gains do not satisfy them any longer.
Investors often exploit mercenary capital through programs that offer huge rewards in a relatively short time.
Let’s have a look at growth hacking programs as an example. Automated market maker (AAM) platforms often launch this type of program. If the liquidity providers (LP) stake or lock in their LP tokens, they receive additional rewards like governance or native platform tokens. They’re known as liquidity mining and yield farming. The main goal of these programs is to attract a number of smaller investors.
When growth hacking programs offer additional features such as a pre-defined period of time to lock in or a temporary bonus, they mostly reward opportunists who jump from one boat to another instead of long-term members of the community.
After the growth hacking program ends, opportunistic investors sell off their rewards. Thus making the reward token prices decrease, and, in some cases, spread panic selling.
Mercenary capital can negatively impact the platforms that conduct growth hacking programs by sabotaging their long-term development. These platforms can fight mercenary capital by establishing trust within the community, practicing good tokenomics, offering solid products, and implementing longer lock-in staking periods for greater rewards.
If the nodes wish to submit a transaction to the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-miner/">miners, they must first relay it throughout the network. The mempool is then used to temporarily store all <strong>pending transactions<\/strong>. By looking at the mempool, a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-node/">node can decide whether the information on a new transaction will be relayed or not.<\/p>\n<p>The number of mempools is equal to that of the network nodes. Not all nodes receive the same transaction information simultaneously, and some nodes may store more information than others. Throughout the network, the nodes have different capabilities of temporary transaction storage due to hardware differences.<\/p>\n<p>As a result of these differences, <strong>all nodes maintain their own renditions of pending transactions<\/strong>. This leads to a variety of mempool sizes as well as the number of unconfirmed transactions logged on different sources.<\/p>\n<p>When a new valid block is sent to a node, the mempool is cleared of all transactions that match the ones logged in the block, as well as transactions with mismatched inputs. This can significantly reduce the mempool size.<\/p>\n<p>Users running a network node have no financial incentives and may have issues finding dedicated hardware. The mempool can often reach the RAM limit, which <strong>leads to the node crashing<\/strong> and restarting with a cleared mempool in the older <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a> versions.<\/p>\n<p>In updated versions, if the mempool size is close to reaching the RAM capacity, the node starts the process of a minimal fee threshold. Transactions with fees per kB below the threshold are automatically removed from the mempool. Only new transactions that meet the fee per kB threshold are stored.<\/p>","definition":"a mechanism for network nodes to store the information about all unconfirmed transactions.","status":"published","meta_title":"What is Mempool? Definition & Meaning | Crypto Wiki","meta_description":"Mempool meaning: Mempool - a mechanism for network nodes to store the information about all unconfirmed transactions.","meta_keywords":null}" :model="{"id":926,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Capital_(economics)","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2024-01-10T03:41:29.000000Z","slug":"what-is-mercenary-capital","title":"What is Mercenary Capital?","section":"M","keyword":"Mercenary Capital","content":"<p><strong>Mercenary Capital<\/strong> is a term used to describe a type of opportunistic capital. It’s <strong>issued by investors whose main goal is to benefit themselves from short-term programs<\/strong> that are launched by platforms in order to incentivize its users.<\/p>\n<p>Usually, it’s a temporary stop for these investors while they wait for better opportunities. Additionally, investors withdraw their capital when the gains do not satisfy them any longer.<\/p>\n<p>Investors often exploit mercenary capital through programs that offer huge rewards in a relatively short time. <\/p>\n<p>Let’s have a look at growth hacking programs as an example. <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-automated-market-maker-amm/">Automated market maker (AAM)<\/strong><\/a> platforms often launch this type of program. If the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-liquidity-provider/">liquidity providers (LP)<\/strong><\/a> stake or lock in their <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-are-liquidity-provider-tokens-lp-tokens/">LP tokens<\/strong><\/a>, they receive additional rewards like governance or native platform tokens. They’re known as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-liquidity-mining/">liquidity mining<\/strong><\/a> and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-yield-farming/">yield farming<\/strong><\/a>. The main goal of these programs is to attract a number of smaller investors. <\/p>\n<p>When growth hacking programs offer additional features such as a pre-defined period of time to lock in or a temporary bonus, they mostly reward opportunists who jump from one boat to another instead of long-term members of the community.<\/p>\n<p>After the growth hacking program ends, opportunistic investors sell off their rewards. Thus making the reward token prices decrease, and, in some cases, spread panic selling.<\/p>\n<p>Mercenary capital can negatively impact the platforms that conduct growth hacking programs by sabotaging their long-term development. These platforms can fight mercenary capital by establishing trust within the community, practicing good <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-are-tokenomics/">tokenomics, offering solid products, and implementing longer lock-in staking periods for greater rewards.<\/p>","definition":"is a type of self-serving capital provided by investors as a means to profit from short-term incentive programs.","status":"published","meta_title":"What is Mercenary Capital? Definition & Meaning | Crypto Wiki","meta_description":"Mercenary Capital meaning: Mercenary Capital - is a type of self-serving capital provided by investors as a means to profit from short-term incentive programs.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? 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