According to Batman, people are buying cover on yinsure.finance and reselling the yNFT token on Rarible secondary market for up to 3x what they paid in premiums (and earning RARI tokens at the same time).
This hurts stakers as it leaves money on the table for what could have been paid in staking rewards.
I propose changing the pricing formula so that either staked NXM limit is increased from 100k NXM right now to TBD, or the minimum cover premium cost is increased from 1.3% APY right now. That way cover premiums are more expensive and more in line with what the market is willing to pay, and this also increases the staking rewards.
Edit: All covers on yinsure.finance have been sold out for SAFE farming.