ORN looks great, operates well. I do have questions

Question

ORN looks great, operates well. I do have questions

about why when I staked my tokens into governance and was told if we did that, we would get 18% staking rewards... And now it is just over 10% after a month or two of my original staking? That is a big difference.

#cryptocurrency #english #orion

0

28.03.2022

5 ответов

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Devin

1. We've communicated in the post what happened to the APR, which correctly doubled to around 20% APR. 2. We also said All accumulated + future fees will be redistributed to governance stakers to maintain a higher APR ahead of full Main Net Staking - where all rewards will come from protocol fees. 2. We said where the rewards were coming from. 3. We also added in the News post and blog that APR will fluctuate depending on volume and fees. We will regularly rebalance the APR across ETH + BSC chains. https://t.me/orionprotocolnews/709 Each of these communications combined tells you: 1. What has happened 2. How it's happened 3. How we will adjust things moving forward as the APR will change Although we've communicated the process already and with a full blog post, we always look for ways of how we can improve things. We are already looking at ways of developing that further in fact. Rewards can only be replenished with what is present to utilize.

0

28.03.2022

ToddRolls Автор вопроса

Devin
1. We've communicated in the post what happened to...

Thanks for the response. I realize that there are reasons for adjustments no doubt. But, I am staking on many tokens. And having such a decrease in staking is a bit rugish. I understand why for sure... Just suggesting that it will lead to many pulling out staking quickly which affects the liquidity. However, I still have all my ORN stacked fully btw.

0

28.03.2022

BG⚡️

ToddRolls
Thanks for the response. I realize that there are...

Hopefully we see more platform volume/growth in the future and get higher apy again 😃

0

28.03.2022

Devin

ToddRolls
Thanks for the response. I realize that there are...

Every decision taken, is for the good of the project. Not all will be okay with it. Minting tokens to keep some people happy, you can agree isn't the best. This is why it was stated that apr will fluctuate due to protocol fees, and the reason for the doubling was also stated. In the end, the most important is for Orion protocol project to achieve set goals for mass adoption, which will add much value

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28.03.2022

BG⚡️ · Accepted Answer

BG⚡️

Apy fluctuates based on volume and fees collected

0

28.03.2022

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ORN looks great, operates well. I do have questions

5 ответов

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