Crypto Community Raises Concerns Over Staking Locked Tokens, 10%+ of mcap Sold

Concerns are rising in the cryptocurrency community regarding the practice of staking locked tokens. Critics argue that this practice allows seed investors to dump staking rewards at inflated valuations, effectively scamming other investors. The issue is compounded by the fact that staking rewards from locked tokens are not themselves locked, leading to what some describe as an 'exit liquidity switcheroo.' This has led to significant sell-offs, with estimates suggesting that over 10%+ of market capitalization has been sold from yield in otherwise locked and unvested tokens.