Back to collectionA Diamond Pool's Yield Exposes the Old Pools' Zero
On the eve of the CPI release, the market waited and XAI hovered around 0.215. Late at night, a pool owner reported that the new diamond pool had attracted more than 11 million esXAI in its first 44 hours, equivalent to an annualized yield of 179 percent. The 179 percent annualized figure described the new pool's distribution at that moment; it was not a return available to every staker.
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On the eve of the CPI release, the market waited and XAI hovered around 0.215. The new pool's generous reward split had drawn attention, but the Night Watchman wanted to know what happened to token stakers in the older pools when interest crowded into one new pool.
Late at night, a pool owner reported that the new diamond pool had attracted more than 11 million esXAI in its first 44 hours, equivalent to an annualized yield of 179 percent. He immediately added that token stakers in the nine older pools were earning zero. The group's question shifted from whether to enter the new pool to why the old ones paid nothing.
The 179 percent annualized figure described the new pool's distribution at that moment; it was not a return available to every staker. The Night Watchman planned to set out the old and new pool terms side by side, then ask why the older pools' token stakers earned zero. CPI had yet to be released, and a market move could not answer the pool question.