Greetings from GDAC team.
The following is the staking yield for the Eighth round of No Delegation, Just Hold and Earn ATOM from 5/23 00:00 to 5/26 24:00 (96 hours). The reward distribution will be made around 4 pm.(KST)
- Eighth Round Staking Yield: 0.1355%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate / 365 * (96 / 24)
= 7.15% / 57.81% / 365 * ( 96 / 24 )
- Expected Yearly Staking Yield: 12.368%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate
= 7.15% / 57.81%
The distributed reward is equal to the user’s average ATOM balance during round period multiplied by Eighth Round Staking Yield (0.1355%).
As always, GDAC will prioritize keeping customer assets safe.