# Announcing Granada

**URL:** https://forum.tezosagora.org/t/announcing-granada/3183
**Category:** Research and Development
**Created:** [May 31, 2021, 1:32pm UTC](https://forum.tezosagora.org/t/announcing-granada/3183 "2021-05-31T13:32:07Z")
**Posts on this page:** 1
**Showing post:** 253

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### Author: ![murbard](https://forum.tezosagora.org/user_avatar/forum.tezosagora.org/murbard/32/67_2.png) [@murbard](https://forum.tezosagora.org/u/murbard)
#### Post date: [June 4, 2021, 3:43pm UTC](https://forum.tezosagora.org/t/announcing-granada/3183/253 "2021-06-04T15:43:48Z")

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> [@lyoungblood](#):
>
> No, the baker rate of return, which is higher than delegators, doesn’t need to be higher than LB for this to occur. Delegators will see higher yields than 5.5% and move their Tez to liquidity pools. This will starve bakers of income and reduce their yields, creating a downward spiral where everyone is chasing higher yields.

Sorry but that’s bullshit again. The yield from LB reduces as more people go into it. Assuming no impermanent loss, you get something like 6% of all stake going to LB instead of baking.

Happy to keep engaging on the financial engineering angle, but it’s clear you have absolutely no clue what you’re talking about.

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