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It’s my understanding that the share rate is a form

of compounding for the old guys by giving the new guys less. If APY is ~36% currently, won’t the new guys be constantly getting less apy? And how quickly is it decreasing for them?

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More stakers, less APY. There’s currently around 10% staked.

Isaiah-S Автор вопроса

I understand how it works. I’m trying to get an idea how much the apy decreases strictly from the share rate increasing. Aside from the new stakers that are creating more shares/lessening your percentage of share ownership.

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