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Taiki-Maeda

Ok so let's say there's 10 eth deposited for the

LSD.

staking rate = 6%
staked eth = 5 wfrxETH
unstaked eth (just deposited into contract) = 5 frxETH

Does that mean anyone that holds wfrxETH can receive 12% APY since every ETH deposited is staked but if 5 frxETH is unstaked and enters the farm, the yield from that would go to the wfrxETH holders?

Or am I overcomplicating things

#cryptocurrency #english #frax
0

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Strife-

Looks right. If you think of staking rate as emission APR defined by the amount of ETH delegated to the validators, if half of those ETH are not receiving emissions (frxETH) the theoretical APR for those that are (sfrxETH) just "doubled"

0
22.10.2022

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