Everyone talks about "staking," but let's be honest many so-called staking rewards are just token inflation in disguise. The real quest is for sustainable yield: revenue generated from actual protocol usage and fees, redistributed to those who secure and believe in the network.
This shift from inflationary rewards to real yield is the mark of a maturing project. It moves away from ponemonics and towards a legitimate, revenue-generating business model within DeFi. Token holders become true stakeholders, not just speculators.
I’ve been looking at how newer protocols are architecting this from the ground up. Projects like @Walrus 🦭/acc are interesting in this regard. By building essential cross-chain infrastructure, they’re creating a use case that naturally generates fee revenue. If structured correctly, a portion of those fees can flow back to WAL stakers or lockers, creating a yield backed by real economic activity.
This model aligns long-term incentives. Users get a better multi-chain experience, the protocol earns fees for providing that vital service, and contributors are rewarded from that growing pie. It’s a virtuous cycle. Finding projects building with this real-yield ethos early is crucial. WAL and others pioneering this approach are worth deep research.
#Walrus #RealYield #DeFi #Staking #Tokenomics $WAL
