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L1 emissions are often high in raw magnitude, because it's traditionally reserved for large staking pool
Quite a few inefficiencies here though, which is why Pendle YTs allowed people without that capital to partake in that yield. But users needed to take on risk to leverage that yield especially if realized yield << implied yield
What if we could access that yield flow without any upfront capital?
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3 creators on @embrdotfun earned $3k in revenue over the past two weeks, sourced from @initia L1 emissions, double dipped through subsequent trading royalties.
How? They made the winning chains of chaos tokens.
chains of chaos is once everyday M-F, meaning creators that win multiple rounds get multiple injections
Strong creators lift the entire ecosystem, only makes sense that they win massively via L1 generated revenue itself.
Welcome to pressurized yield structures
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