This is form the stake and earn off the exchange and I think is very misleading the way its written ie: you stake 100K CRO and you get 50 ETH after 45 Days!!! I dont think thats being truthful..whats teh catch can anyone see it? - How it works
Let's assume the following:
You stake 100,000 CRO at the start of the ETH Charging Period
At the end of the ETH Charging Period, the ETH:USDT spot price is 1:5
The total amount of ETH allocated for the event is based on the spot price at the end of the Charging Period
Your total ETH pool rewards: 100,000
Total CRO pool amount at the end of the ETH Charging Period: 200,000,000
Example A
Your total CRO stake during the ETH Charging period is 100,000 CRO.
During the ETH Charging Period, you make no changes to your pool balance. When the Charging Period ends, your Rewards Score and rewards are calculated as follows:
Rewards Score = (100,000 / 200,000,000) = 0.0005
Total rewards = 0.0005 * 100,000 ETH = 50 ETH
Rewards paid per day during Reward Period = 1.66 ETH
After the ETH Charging Period ends and the Acceptance Period begins, you log in to your Exchange account to accept your total reward allocation of 50 ETH. Over the next 30-day Reward Period, you receive 1.66 ETH daily.
the ETH value is not the real ETH value in this example
Exactly so its confusing and not true then ..misleading I would say
Will pass on the feedback
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