?
Not directed at you alone but to everyone who keeps asking about APY! How can one truly evaluate APY for a NON INFLATION token model that shares all the revenue via staking proportionally through validation power (caped at 1 million UBT per node)!!!??? It actually depends on the usage of the network, which varies day by day, week by week and year by year. So the question to ask really is, "how much Mover / any nodes for that matter have garnered so far? Baseledger is prepaid. For clients paying in fiat, the costing is straight forward. For those using UBT to get WORK TOKENS (it depends on the day they send it to Baseledger as deposit, UBT price I mean) For heaven's sake FORGET APY CONCEPT
Noted thanks. I'll pass on staking for now then.
Your call. If you believe in long term potential then staking now and getting more UBT is better than when UBT is priced higher. Because when UBT price is low more UBT is needed for the gas, which means more UBT is shared with stakers. For those who hodl looooong, this is good. Not a financial advice, #DYOR
this should be a pinned message!
Where are you staking?
Check pinned messages
I'm the node owner of Vajradhara (Polygon Gysr pool) & Vajradhara2 (ETH Gysr pool)
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