ATOM Staking Yield Announcement - 2019.05.02.

 


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.


Thank you.

GDAC