$WCT's DeFi yield rate is real?
#WalletConnect The DeFi yield rate of the token WCT performs well in staking, but there are certain inflation risks. The following is a summary of key information:
1. WCT staking yield rate
- APY as high as 85%: The annualized yield rate (APY) for staking WCT was initially set at 85%
- But 50% comes from inflation issuance: About 50% of staking rewards are provided through token issuance, meaning that the high yield portion relies on the release of new tokens rather than actual protocol income. This model may lead to long-term inflation pressure, affecting token value.
2. Real yield rate issues
- After deducting inflation, it may be negative: Since WCT's current annual income is only $2 million, and staking rewards heavily rely on new token issuance, the actual yield rate (after accounting for inflation) may not have truly turned positive.
