Greetings from GDAC team.
The following is the staking yield for the 11th of No Delegation, Just Hold and Earn ATOM from 6/3 00:00 to 6/9 24:00 (168 hours). The reward distribution will be made around 4 pm.(KST)
- 11th Round Staking Yield: 0.2355%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate / 365 * (168 / 24)
= 7.19% / 58.56% / 365 * ( 168 / 24 )
- Expected Yearly Staking Yield: 12.278%
= Cosmos Network Inflation Rate / Cosmos Network Bonding Rate
= 7.19% / 58.56%
The distributed reward is equal to the user’s average ATOM balance during round period multiplied by 11th Round Staking Yield (0.2355%).
As always, GDAC will prioritize keeping customer assets safe.