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Can someone explain these high apy for closed groups? No

wonder wont go up. They constantly dumping the rewards.

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Sometimes there are compute provider that make selfstaking

Pigro85
Sometimes there are compute provider that make sel...

What does selfstaking mean.....🤔 Rightly, if a user looks at the phala app, these data are misleading and can be interpreted incorrectly.

I said that but no one want to listen, it’s not sustainable or healthy for this project

EXTRA
What does selfstaking mean.....🤔 Rightly, if a use...

Simply if I'm an owner of a pool/vault, ai cam decide to have in whitelist only my wallet address and stake on this configuration only the PHA that I own, avoiding the other people can stake in it.

Pigro85
Simply if I'm an owner of a pool/vault, ai cam dec...

I understood 👍 But how do they manage to have such a high yield….? Thanks.

CryptoRider_BR- Автор вопроса
CryptoRider_BR
Still dont understand tbh

Let's try in this way. You can contribute to the phala ecosystem in different way, staking is one of them. If I buy the right hardware and wanna be a part of the network providing compute power. Some compute provider are stressed to handle the staking from strange people and just use their hardware to controbuite to the network an staking only their own PHA

CryptoRider_BR- Автор вопроса
Pigro85
Let's try in this way. You can contribute to the p...

Still doesnt make sense to me. But who keeps the rewards of such high apy? Is that one wallet one person? Is that sold to the market? It doesnt matter what you do to protect or contribute to the network. If such high Apy rewards is sold to the market. We will be swimming against the tide always. The "deflationary" argument has no credibility.

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