Skating question
So lets say I'm earning some token, like CAKE. How does "Staking CAKE" create an economic value that is then compensated with rewards? I understand that I'd is compensated, but I don't get the economic value of doing it to justify a 50%+ APR.Pretty much every defi service has some native token that is then stakeable for earnings. Just trying to understand what is being paid for.
Ingrandisci immagine - Repost: Skating question (from Reddit.com)
So lets say I'm earning some token, like CAKE. How does "Staking CAKE" create an economic value that is then compensated with rewards? I understand that I'd is compensated, but I don't get the economic value of doing it to justify a 50%+ APR.Pretty much every defi service has some native token that is then stakeable for earnings. Just trying to understand what is being paid for.
Ingrandisci immagine - Repost: Skating question (from Reddit.com)
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