TBH I think we’re fixing this conversation too much on the resulting APY, but let’s remember this is inflation. For example, returns on Argentinian bonds averaged 23.25 percent from 2005-2025, this does sound juicy, but it’s pointless as inflation made the value of the peso go down to the point where the real APY is nothing close to the 23.25%.
On another hand, I think I’ve made my point clear on this thread already but I know the Association and Tally have been working on this for a while, and at the early stages of the Collective I’ll err on the side of aligning with their decision as on our current lack of understanding of Obol from multiple stakeholders involved. A lot of this will improve with the formation of working groups for the Collective.
@marc_blockshard is raising some very important questions and I hope @coolhorsegirl can help us understand the Tally Protocol.
Anyways, I feel very much ready to support this proposal moving to the next phase and see how much information can we get out of this.
I am an Obol Delegate with sufficient voting power, and I believe this proposal is ready to move to a vote.