The daily rewards are bound to go down as more people join in The rewards for today will be calculated at 50% APY
Hope that answers
Just FYI Whenever a project is offering an upfront APY , it means for that day your accounting stands and gets calculated on the basis of the pips for that day
Actually, I'm more confused now :) The image doesn't mention "daily rewards". It mentions "upfront rewards", and "rewards per 1000 UST deposited"
I get it , I mean there is some language confusion in there Will speak to the team
Hello, I have a question about LUNA tokenomics, is it true that when there's less than 1 billion supply of LUNA and UST demand is stable that LUNA is minted over time so that the supply moves in the direction of 1 billion LUNA at all times except when UST demand forces LUNA supply down in the short term? I saw Coin Bureau say this in one of his YouTube videos on Luna and I just wanted to make sure this is true since it really affects LUNA's price movements
Luna and UST gets burnt or minted on the need basis due to arbitrage opportunities If the UST peg turns 1.04 that means the demand is more and there is an arbitrage opportunity , one can burn Luna to mint ust and make that 4% by market selling UST Similarly if it’s 0.96 , one can burn ust to mint Luna to help curb the supply by burning excess UST
Leaving aside the confusion with the wording, can you explain what I would receive if I provided 1000UST as liquidity?
We are in process to inform the team
1.36-1.38 on 1000 ust everyday
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