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LGuigs
Apr 19, 2022

So just been debating on @mehulbanterfams post about staking.

Now he's expecting to get 42% minimum returns per quarter, but I think this is due to a mistake on the Devs side.

Now hear me out.

As you can see in the image it states the Average APR is 429.51% per annum.

Now we all know the value of the TVL as its all there to see, also the total rewards per Annum would be 40,000,000, 4 quarters of 10,000,000.

Now that would mean the average apr would have to be (40,000,000 ÷ 23,281,000) x 100. Simple math on getting a percentage.

This equals 171.8% which according to the staking page is the normal this used to say minimum, this should be the average.

Now working out the quarters is the same logic, so (10,000,000 ÷ 23,281,000) x 100=42%.

So this is the average percentage to be distributed between all stakers.

This is a 10th of the stated yearly APR. 

Using the same logic divide the normal/minimum Apr by 10. 171.8%÷10= 17.18%.

Therefore this would be the minimum APR for staking for one quarter 17.18%

To get your APR just multiply by your boost.

For example mine is x3 so I'd expect a percentage of around 17.18×3= 51.54 % as it stands .

Hope this helps,  I may be wrong but if i was a betting man, which I am I'd back myself 😂

Thanks 

⚔️ օɢ @ʟɢʊɨɢֆ օɢ ⚔️

Here's another post on staking in more detail

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