I think a lot of people (IMO, >90%) are depositing via fiat (INR) on Stake.com from India. Stake.com is trying both the carrot and the stick to change that situation (although with the convenience of UPI, I don’t see it changing anytime soon). On the one hand, Stake.com is charging a hefty fee for fiat cashouts (almost 15%), and on the other hand, rewarding those who are making crypto deposits.
I also received a small carrot yesterday in my email 



Indeed