Greetings from GDAC team.
The following is the staking yield for the Sixth round of
No Delegation, Just Hold and Earn ATOM from 5/16 00:00 to 5/19 24:00 (96 hours).
The reward distribution will be made around 4 pm.(KST)
- Sixth Round Staking Yield: 0.1371%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate / 365 * (96 / 24)
= 7.08% / 56.59% / 365 * ( 96 / 24 )
- Expected Yearly Staking Yield: 12.511%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate
= 7.08% / 56.59%
The distributed reward is equal to the user’s average ATOM balance during round period multiplied by Sixth Round Staking Yield (0.1371%).
As always, GDAC will prioritize keeping customer assets safe.