I staked 100,000 MERL not long ago, and after six months, I received over 20,000 in returns. This time, I will increase the amount to 200,000 and continue to stake. The new staking period will not expire until mid-2026.

The official annualized staking rate is 45%, which indeed seems a bit hard to maintain. According to this rate, with 200,000, one can reliably earn close to 40,000 to 50,000 MERL in half a year.

Given the current state of the market, it is highly unlikely to see a true frenzy in the next six months. Instead of holding onto spot assets waiting for the market, it is better to stake the tokens to generate cash flow. Since I can't just sit idle with my chips, I might as well let them grow on their own. After all, the maturity time is still far away, so I can just wait patiently.