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LGuigs
Mar 24, 2022

So as Ive discussed previously the quarterly rewards are relative to the TVL.

By this I mean QR/TVL=average % return

As we can currently see the APRs have dropped considerably in just 17 days. When It was  367.61% (1Q)  minimum and 1470.46% maximum (13Q).

Its now sitting at 174.87% for 1Q and 699.51% for 13Q. That's over half in 17 days ๐Ÿ˜”.

These APRs are from my understanding worked out from REWARDS/TVL so 10,000,000/22,873,067=437.19% average.

Which works out at 43.7% per quarter, due to 10,000,000 being distributed to what has been staked. Also this is all relative to who has locked ๐Ÿ”’ what amount for what time period. As if more have locked at 4x the less rewards everyone will get.

So if we look at each staking time period:

1Q=174.87=17.5% return per quarter

2Q=(174.87)X1.25=218.6 =21.86% rpq

3Q=(174.87)X1.5=262.3=26.23% rpq

.........

13Q=(174.87)x4=699.51=69.95% rpq

For the aprs in-between just times your APR by you quarterly multiple boost

The way it's going I can see the TVL possibly hitting the 50,000,000 region.

I really hope this is not the case and the big whales don't plan on staking any more and the TVL stays closer 30/40 Million.

Say the TVL doubles by the end of Q1, that puts the minimum APR for 1Q at 8.75%.

To put this in perspective, if you stake 5000 BBS for 1Q (around $650) , 8.75% of that is 437.5 BBS tokens, at $0.13 that's $57

Also I'd like to think these were also relativel to time staked (as in day 1 to 90)

Obviously people considering staking need to take into account the amount they are planning on investing. As to withdraw your BBS to metamask is 340bbs=$44, then there's the fee to transfer Eth to metamask say $20, then the fee to stake at around  $30/40. Also there's likely a fee to claim so another $30/40.

So you're looking at $130/140 to stake and claim.

So please before staking can we all consider the cost and time frame.

Hope this helps when considering your staking options ๐Ÿ™ 

@Lguigs 24/03/2022

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