13.61% APY on TRX when base staking yields sit around 3-4% — that ~10% delta is pure user acquisition subsidy that burns off after 60 days. Sun's running three parallel demand sinks right now: Telegram Earn, the Canary Capital staked TRX ETF filing (advertising 4.5% yield), and the sTRX→USDD dual-profit loop. All designed to lock up circulating supply while TRX price action stays flat despite growing network activity. Convenient timing too — this drops weeks after the $10M SEC settlement cleared Rainberry's regulatory overhang.

Top comment by @Benthic