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I got a question. The burn mechanism of INJ is

cool, but does the staking APR come solely from inflation? Or does that APR contain some real yield from somewhere else?

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The APR parameter shown takes into consideration the inflation rate, bonded token ratio, community tax and the annual provisions i.e its calculated based on these values. A simple way to describe how APR is being calculated (approximately) is (bondedTokens / totalOnChain) * inflation. The formula is not entirely accurate tho, there are some other parameters when calculating the APR but you get the point

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