Here’s @milky_way_zone’s overview on Initia and its architecture.
MilkyWay is in a great position to become one of the largest Interwoven Rollups with INIT into its ecosystem.
the yields are hiding in the shadows, the markets are inefficient, and that means there's opportunity
why? many interwoven rollups don't yet show estimated esINIT APRs on their frontends.
let's take @milky_way_zone's milkINIT as a quick example
In Epoch 2 they have 32,815 esINIT to distro
- they distro VIP to milkINIT holders on Initia L1 or their appchain
- 216,800 milkINIT in existence
- thats 0.15 esINIT given per milkINIT this epoch
- iff this stayed constant for a year (which it wont ofc) that's 0.15 esINIT/epoch * 26 epoch/yr = 3.9 esINIT/yr
400% APR to hold milkINIT from VIP + LST staking yield
last epoch they had nearly double the esINITs to distro, milkINIT holders back then probably ate...
as always, NFA and assume i'm giga larping and DYOR
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