Is there no more reward for lending USDX?

Question

Kava Official

YouK

Is there no more reward for lending USDX?

#blockchain #cryptocurrency #english #kava

0

23.05.2023

6 ответов

16 просмотров

V

Ngan Tran
21.3% apy now

is the 21.3% base on "1 USDX" or "0.8 USD" ? because USDX are under pegged, i'm not sure how APY calculate : - you supply 100,000 USDX in lend = you earn 21.3% APY from $100,000 or - you supply 100,000 USDX in lend = you earn 21.3% APY from $80,000 (current worth of USDX)

0

23.05.2023

Ngan Tran

V
is the 21.3% base on "1 USDX" or "0.8 USD" ? becau...

you're right

0

23.05.2023

LeitonDuc

V
is the 21.3% base on "1 USDX" or "0.8 USD" ? becau...

It is based on the ammount of usdx supplied into the pool. Price of usdx does not affect the APY. The formula you have to follow is: APY = ((Your usdx supplied /Total usdx supplied) * 7191000 kava * kava price)/ your initial investment in USD Pd: 7191000 refers to the ammount of yearly kavas given as rewards

0

23.05.2023

Jaya Prakash

LeitonDuc
It is based on the ammount of usdx supplied into t...

He is asking apr, Apr will be effected by price

0

23.05.2023

CryptoDaz (Darren)

V
is the 21.3% base on "1 USDX" or "0.8 USD" ? becau...

It's based on the actual $USD value i.e $80k

0

23.05.2023