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Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL-

How are rewards accumulating? We say "rewards are accumulating at the

correct APR" - this is the not techy explanation.

Here's the technical explanation, because we've seen a lot of people ask where can they see these rewards accumulating.

Rewards are not generated and sent to someone's wallet every now and then. Rather, the DEX calculates the rewards you are entitled to, based on a few elements:

- the value locked in a particular farm - the total amount staked, variable
- the MEX reward rate per block (every 6 seconds) - fixed by the protocol, currently 4,000,000 MEX per block, distributed towards all farms

The two above give the APR (Annual Percentage Rate) - the rate at which you get rewards. That APR is then applied to your amount staked, and the rewards are thus calculated.

Considering the information above, and the snapshots of the states of the smart contracts, when the Mainnet DEX comes out of maintenance, everyone will be able to claim exactly the correct amount of rewards, as if the exchange had never been paused for maintenance, at the correct APR (not the one displayed) at the time when the maintenance began.

TL;DR: rewards keep accumulating.

As an added bonus, the MEX rewards rate will be increased for a period after the DEX come souf of maintenance, so the MEX supply eventually "catches up" with the emission schedule.

Think of that as of a car traveling from point A to point B at 100km/h. The goal is to reach Point B in 1 hour. Let's say the car travels 30 minutes, then stops for 15 minutes. It then travels at 200km/h (faster) to complete the trip in 1 hour. Somewhat similar mechanism will be applied here.

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NoHodler-

Pin it

0
09.12.2021
Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL- Автор вопроса
NoHodler
Pin it

I could, but won't.. 😊

0
09.12.2021

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