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Yield Illusions
Entry #0902
The reason a return paid in the same token is barely a return
Earning more of the token you staked feels like yield, but if everyone is paid in the same token, the reward mostly dilutes the very thing it pays out.
Adept
The hidden part
#0902
Being paid in what you hold, from new supply, mostly moves the count. A reward everyone receives dilutes the reward.