I'll give everyone a tip about staking, it's better to have that less APY than to take risk and get those too much APY/APY that you're unsure if the project is gonna be successful.
Most projects that are still on the early stage will do that because it's part of being new and that's sort of enticement to the investors. Usually with high APYs, you'll get attracted to it but you'll be unsure if it will take long as the higher the APY, the lower number of investors involved.