I bought $100 worth of $YAKA on @SeiNetwork @YakaFinance to make this tweet.
Voting APR is ~350% with this level of rewards for what effectively amounts to single-sided staking.
Yaka caught a bunch of FUD at launch, and there was a point where rewards were very low.
Tokens have been participating again leading me to believe this is possibly the beginning of this flywheel moving in the right direction.
Here's how 🧵
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After I bought $100 worth (random round number) I locked it for two years
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and I voted - after Epoch 41 ends you'll likely see about $0.20 to $0.30 per 1,000 votes
35,200 votes is about $7 per week
Important: You have to vote every week. UI is a little bit wonky imo, but here's how to see
You'll also earn a couple $ per week from rebase rewards
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LP Rewards go to providers of liquidity on tokens with the most votes.
You can increase your earnings by helping tokens bootstrap their liquidity pools.
@SeiNetwork @YakaFinance Memes participating
$FROG (~$600/week)
$MILLI (~180/week)
$PEPEI ($110/week)
$SBC / $BULLX / #POCHITA / $LESS
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