If you had participated in @yieldyak_ TG channel early, deposited some funds in $YAK pools and hit the "reinvest" button, you should expect to receive at least 5 $YAK in your wallet.
An airdrop that could yield ~$3500/year.
If $AVAX #DeFi continues to grow, not only @yieldyak_ mcap will grow but so will its TVL and revenues.
And that's all excluding compounding of the rewards!
As long as the bull run continues, with compounding, $YAK could prove to be a fantastic source of passive income.
Weekly update on the number of active validators securing major #PoS blockchains: #BSC: 21
$FTM: 43
$ATOM: 125
$DOT: 297 (parachain: 297/N)
$XTZ: 415
$SOL: 563
$AVAX: 948
$ADA: 2396*
*see my comments at the end of the thread
Calculated numbers for stake inequality.
How much of the total stake belongs to Top 10% validators (min. 10) - data: @StakingRewards:
$ATOM: 13 -> 52.4%
$DOT: 30 -> 30.6% (pot. worse for parachains)
$XTZ: 42 -> 57.7%
$SOL: 56 -> 39.5%
$AVAX: 95 -> 74.6%
$ADA: 240 -> 75%+
Top 10% active validators of all these #PoS blockchains control critical stake (i.e., above their respective safety/liveness thresholds).
While this is concerning, most networks are still young and will (hopefully) improve their stake decentralization with time.