It's true that the team holds certain amount of tokens. But that's what teams in all other projects are doing too in order to fund the project development. How do you think they would pay the programmers and other people that are involved in the development?
Only 20% was airdropped + a bit bountys
Another thing is: with 1,64 mil tokens you can stake 245k Hats / year.
Honestly, I don't know what are you talking about. How would the team stake all of their tokens when part of it is locked under the smart contract (do you even know what that means) and other is reserved to be spent for the development? Do you think that programmers and other people are working for free?
Additionally, please name one project where the team didn't reserve tokens or coins for themselves.