DJED affect the APY? And if so; will APY likely go up or down? After everything I've read I think APY will have affect, but want to check with you guys.
Each burn/mint comes with a fee that gets distributed to 2 parties: the SHEN holders get a part + COTI treasury gets a part. The fees will generate revenue for the COTI treasury stakers, which will increase the APY, which will attract more users.
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