I feel like I’m missing something glaringly obvious here so please if I’m just an idiot let me know.
Governance is obviously the place to go to get the maximum benefits from owning and holding ALGO. The issue I currently see is when you have put you ALGO into Governance, any additional ALGO only gets an annual Yield of 0.63% and can’t be added to your current Governance stake to get the additional bonus.
Let’s say you like me, continue to DCA into ALGO once a week, fortnight, month, whatever it is. Would this not be better staked elsewhere which is currently paying out a higher yield? You’ve got multiple different exchanges which payout at 4-6% such as Binance, Coinbase, Kraken etc etc
You have the option to stake in Yieldy on the Algo Prize Game for 6.6% APY with Yieldy as the reward and I’m sure other DeFi apps exist in the space offering similar yield rewards.
Are you leaving it in your ALGO Wallet? Staking it on an exchange? Staking it on Yieldy or somewhere else? Before the change which happened some time ago it made sense to just leave it all on the native wallet, now that doesn’t seem like the best option if you DCA more into ALGO.