What caught my attention here isn't the 90%. It's what the rewards are paid in. Most staking pays you in more of the same token, so in a weak market your yield shrinks right along with the price. Getting rewards in USD1 works more like cash back than emissions. ➤ 80M+ tokens already staked ➤ Rewards are tied to governance participation ➤ The rate is variable and will move with demand Big APYs come and go. The reward design is what decides whether people stay.
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