June 27, 2025

Polychain Nets $80M From Celestia Staking Rewards Alone

Polychain earned $78M by selling staking rewards, keeping its full 65M token position untouched.Five wallets sold 6.35M TIA from emissions, accounting for $51M—about 9.77% of each allocation.The emission model drew backlash, enabling insiders to profit …

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