A more important factor to consider is a tokenomics, token inflationary scheme that will decide the token rally from bottom and make a new bottom. I don't read about staking programs for FUN token but I hope that the team have good thinking to prevent inflation on this token.
Price won't be able to climb up if inflation is increasing and won't be stopped.
I agree with you 25% or 20% APY is pretty high IMO, it could be relevant at the beginning in order to attract new comers, but I don't think the investment plan still attract many people. It can even worry or frighten them by making it looking like a HYIP. On the other hand it's hard to guess what would happen if those rates were decreased. Some people would certainly stop locking their tokens and would sell it.
Yeah I don't think the APY is really something to attract us who're staking it. Probably 99% of my decision to stake was only to enjoy the Premium benefits. Which you need 1 year anyway to maximize, which is why it made sense just to lock it.
I think on a whole I've already lost about 20% of my BTC value from locking it 2 consecutive years (now am halfway through second lock term), but the extra interest, the WoF, I'm still collecting so maybe it works out to break even anyway. FUN for Premium is a long-term "game". Every year you stay, the gains become much more until a point you've earned enough to cover back FUN capital.
(Not promoting FUN and not suggesting it at all but it is near all time low now).