Numbers tell one story—but the mechanics tell another.

When you spot a 4-digit APR structure rolling out on a major DeFi protocol, you're witnessing something more significant than just yield farming. This is early-stage liquidity mining hitting its stride, with bonus incentive mechanisms layered on top to accelerate participation.

Here's where it gets interesting: capital efficiency meets explosive growth potential. The protocol isn't just distributing rewards—it's architecting a setup that compounds adoption velocity.

These aren't seasonal patterns we're talking about. This is the kind of infrastructure that tends to define entire market cycles. When liquidity bootstrapping reaches this efficiency level, it typically signals a regime shift rather than a temporary rally.

The real question isn't whether the APR is sustainable—it's whether you're watching the engine of a cycle actually firing up.