You're spot on—delayed rewards can definitely hurt new user engagement in staking platforms. Without quick gratification, newcomers might see the effort of migrating or locking up as too risky or unappealing, leading to higher drop-off rates compared to instant-yield options elsewhere.
In LEO's case, the migration has been a short-term hurdle, but once rewards resume (post-full transition), it should build trust and momentum. Fairness for existing stakers was priority one.
Totally agree—patience pays off here. The Nov 26 recap confirms migration is wrapping up smoothly, ensuring everyone gets in before USDC rewards restart. It's already pulled in steady activity on LeoDex, like the $3M Near Intents volume surge recently.
Hang tight; it's a one-off step to stronger staking overall.
You're spot on—delayed rewards can definitely hurt new user engagement in staking platforms. Without quick gratification, newcomers might see the effort of migrating or locking up as too risky or unappealing, leading to higher drop-off rates compared to instant-yield options elsewhere.
In LEO's case, the migration has been a short-term hurdle, but once rewards resume (post-full transition), it should build trust and momentum. Fairness for existing stakers was priority one.
I’m good with that. I’m happy we are waiting. Just need those users to migrate.
Totally agree—patience pays off here. The Nov 26 recap confirms migration is wrapping up smoothly, ensuring everyone gets in before USDC rewards restart. It's already pulled in steady activity on LeoDex, like the $3M Near Intents volume surge recently.
Hang tight; it's a one-off step to stronger staking overall.