the future? As in, do they have a use case other than simply funding all the later tokens?
Your argument could be applied to literally any layer 1 protocol that has staking. Does inflation beat out apr generating income?
True, but have the others lost 80-90% of their value in the last year with little to no sign of any retrace?
But, many layer 1s with staking have a purpose for staking, to secure the network. Zilliqa's staking serves no purpose except inflation.
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