Sushi USDC/WETH pool has ~55% APR at the moment. No 21 day lock-up, no node hassle, ultra-liquid easy to sell token, deep pool, benchmark pool collateral, already integrated into the DeFi ecosystem. On the other hand, some degree of IL.
So, I would target something like 100-120% APR as the final point of our bonding curve.
Other chains can adopt us as their default RPC and that will give a boost to the APR but the community doesn’t have this kind of information, therefore it is another risk to assume.
Yes, I would definitely support something like “4 month long reduction of RelaysToTokensMultiplier starting March, 1, adjusted every month, and targeting 100% APR.”
That would also give the BD team time to on-board more relays from chains and some extra fuel for the marketing team.
UPD: probably, it would be even better if the reduction isn’t linear and becomes steeper to the end. This way we can market it as something like “look, if you stake today you will have 2-3 months of almost stable huge APR but after that we will predictably and fairly rug it to still higher than average value so your tokens become more valuable.” This will allow us to get maximum attention on the span of the next 2-3 months, during the LBP and the liquidity bootstrapping phase. Also, it will quell some immediate concerns about inflation.