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


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