Greetings from GDAC team.
The following is the staking yield for the Ninth round of No Delegation, Just Hold and Earn ATOM from 5/27 00:00 to 5/29 24:00 (72 hours). The reward distribution will be made around 4 pm.(KST)
- Ninth Round Staking Yield: 0.0994%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate / 365 * (72 / 24)
= 7.05% / 58.28% / 365 * ( 72 / 24 )
- Expected Yearly Staking Yield: 12.096%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate
= 7.05% / 58.28%
The distributed reward is equal to the user’s average ATOM balance during round period multiplied by Ninth Round Staking Yield (0.0994%).
As always, GDAC will prioritize keeping customer assets safe.