a day to 6k is this because of the minting for bridge?
More staked tokens to the network reduces overall rewards.
So there’s millions staked over night? I thought there was millions unstaked recently ? It was down to 45% the other day now it’s suddenly got millions staked over night?
As Mohit mentioned 120Millon Reefs were bonded lately.
Because the people that were nominating 5fq1 validator have changed their nomination for the other ones. That's mean increase of bonded Reef for each validator and then decrease the APY. It will continue to decrease if the Reef team is not doing something to fix this situation
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