does this hold? Is the APY never decreased as more ppl go in staking?
It's actually increased lately as some big stakes have ended early, giving the bullish more Hex. We thank them for their service 😎
You get 26% APY at the beginning, then the interest changes according to your share ratio and daily payouts. For example, if in year 2 of your stake the total shares deflate by 1/3, the daily payout increases by 50% and thus your APY for that stake goes to about 40%. And so on. Generally later years of a stake get increasingly higher APY (an exception would be if the total shares would still be inflating, which is mathematically improbable for long stakes).
Hex.is.the.way (411) has increased reputation of Nenad [I won't dm you] (2057)
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