Greetings from GDAC team.
The following is the staking yield for the first round of
No Delegation, Just Hold and Earn ATOM from 4/29 16:00 to 5/1 24:00 (56 hours).
The reward distribution will be made around 4 pm.(KST)
- First Round Staking Yield: 0.08373%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate / 365 * (56 / 24)
= 7.06% / 53.90% / 365 * (56 / 24)
- Expected Yearly Staking Yield: 13.098%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate
= 7.06% / 53.90%
The distributed reward is equal to the user’s average ATOM balance during round period multiplied by First Round Staking Yield (0.08373%).
As always, GDAC will prioritize keeping customer assets safe.