One of the brilliant side effects of @SonicLabs FeeM system is it further decentralizes the emissions of $S token.. In the usual POS model, emissions go solely to the validator set, which the hope is it gets staked further into more validators, lsts help with this. But powers are focused further But validators are also businesses with overhead and their sole income is $S rewards. In feeM, these emits go to dAPPs who usually have a habit of not selling grants, rather they give them to degens and users. Certainly some users will Jeet, but some will mint LSTs, use it as collateral in CDPs, and increase trading volume on chain, which all feeds the validators with more txns. It's not 100% perfect, but it's certainly a net benefit to the ecosystem.
3,04K