So @0xPolygon is building this…
Study the blade.
was thinking about this again
imagine if “native yield chains” like @blast didnt distribute yield 1:1 and instead only stakers got it
you'd have a chain where:
stables 4.5% -> 10%
ETH 2.8% -> 6.4%
all defi yields get pushed up to compete with these
missed opportunity to ponzify the layer yield
for those that dont know blast was staking all bridged stables into @SkyEcosystem sDAI @ 4.5% yield and all ETH into @LidoFinance stETH @ 2.8% yield and passing the yield onto anyone that held those assets on the chain
* this fictional calculation assumes 44% of all the bridged assets actually get staked which is a completely random figure
880
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