Hi! What’s the apr in lp staking locking for 1

Question

Illuvium Official Chat

Jota Be

Hi! What’s the apr in lp staking locking for 1

year? I know the apy is 500+ but I don’t know if it takes in to consideration compounding 1 a day, a week, a month,…?

#cryptocurrency #english #illuvium

0

10.10.2021

6 ответов

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Dick Kingz

TA On-Chain
I had the same issue, for example, if I staked $10...

you claim rewards when ever you want

0

10.10.2021

TA On-Chain

Thanks, this part I understood. I was talking about from a calculation perspective, eg, how much would I earn each day? This is important as it affects the compounding rate

0

10.10.2021

Dick Kingz

TA On-Chain
Thanks, this part I understood. I was talking abo...

It’s almost impossible to calculate exactly… I think someone on discord has a make shift calculator… but the apy you on the main page is for locking your stake for a year… so let’s say 600% apy right now once you claim ILV rewards they get locked in the single pool with whatever it’s apy is now I think like 60%…. But these rates are fluid due to price and number of ppl staked

0

10.10.2021

Dick Kingz

Probably then you have a chance at contests

0

10.10.2021

TA On-Chain

Dick Kingz
Probably then you have a chance at contests

Okay, thanks for your help

0

10.10.2021