bLuna earns rewards in UST, and which need to be manually claimed. stLuna earns rewards by increasing in value over bLuna/Luna, of which you would redeem more bLuna/Luna than you initially wrapped.
Yea i get that. But how is the APR derived? As shown in this page https://lido.fi/terra I’m only concern about stLido
I’ll ask someone from the Terra development team for a technical answer. I’ll get back to you.
The Luna APR displayed on the Lido site is for bLuna, which is lower than the base APR displayed on the smartstake site because of node operator fees which I forgot to take into account. stLuna's APR should be higher than bLuna's, and an APR display will be added to the widget sometime soon.
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