I’m still wondering how the governance reward distribution works.
97k tokens were added to the distribution contract on 4:47 PM · Feb 2, 2021
Who get’s these tokens and when? I noticed they are allocated gradually. Are these 97k tokens distributed over a week, that is X tokens per minute? I can still claim a part of these tokens even when I join mid week?
I am also staking, and would like someone explane it… a bit confusing to me how this works, thanx
Same here, i really would like to know how the rewards for staking (the apy) is calculated and how often. The spread is quite high, varying between 40% in January and 13% now. Is this only depended on the volume or are there other factors like how much 1inch is staked?
yes, apy diped from 32% to 13% now… dont have any idea why this happend
As I understand the rewards for governance stake come from the swap fees that users make. That is, on the one hand a percentage of those fees go to the development of the page and the other to the rewards of the users for their stake.
Staking APY depends on how much tokens staked and on a price of 1inch token.
1inch price up = APY down
more tokens staked = APY down
For staking APY to keep up with increasing price 1inch protocol needs more trading volume
Thank you for your explanation!