.@AlloraNetwork just went live with their Allora Prime staking and the APYs are kinda tempting.
They said 10% base APY and up to 50% APY for trusted validators.
But here’s what an APY actually means: It’s the annual percentage yield , the total return you earn on your staked tokens in a year, factoring in compounding interest.
But Allora’s site showed at least 102% APY for people staking with those validators.
Not that that’s bad, but let’s be real, no project gives 100%+ APY for free.
That range usually reflects validator-specific rewards, boosted incentives for early stakers, or temporary promotional yields to attract liquidity.
The higher rates often drop once the network stabilizes and the reward pool spreads out.
So, is Allora being shady, or should we just trust the process?
@AlloraNetwork Hope the rate stabilizes at a reasonable level after launch
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