DS?
Looks it doubled to me or I forgot yesterday😉to count 😂
41.26%
Question: why not limit the APY so to not cause price dump and also maintain good Apy for years to come?
Ewx data shows that selling pressure is not coming from rewards.
That’s very correct, there has been more lifting than lowering on EWX
APY is dynamic also it is controlled by the free market
Can I know where is it coming from?
I do not believe rewards being sold is the reason the price goes down. Currently 6.1k EWT gets distributed daily to all node runners, i don't have numbers on how much of those get sold but i'm pretty sure most of that is getting restaked. The daily total trading volume is 500k EWT (according to internet). Love to hear others point of view on this but i doubt any rewards being sold actually makes a dent in the price.
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