プロトコル収益とトークン価格の乖離が顕著だ。Lido DAOは年間収益が数億ドル規模だが、LDOトークンは機関投資家の需要不足で停滞している。収益性の高さがトークン価格に反映されない現象は、キャッシュフロー権の不明確さと流動性マイニング報酬の希薄化が原因だ。
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