# Rewards ## $AIKING Staking rewards are paid in [$AIKING](https://bscscan.com/address/0x0bb20555ef2cec3e1a4dcf96ad19aaa1e1f162f5) Index Token. Its price represents the value of the [Index Pool](https://bscscan.com/address/0x49b22badc016218f84239f4a4c79715538cce4ad) based on values of deposited tokens. At launch, the price of $AIKING is $0.00025 based on 20M $ARCHAI tokens contributed to the pool and 1,000,000,000 $AIKING total supply. ## APY APY represents your yearly yield in % and is based on rewards accrued per year and your stake calculated in base currency. Since the distribution is linear across all stakers and is proportional to their stake, it cuts down to the following ratio: $$ APY= RewardPerYear/ Total Stake $$ where RewardPerYear is estimation how much $AIKING one will receive based on [rewards per second ](https://bscscan.com/address/0xaf465fb9706b961f6bbbd4e2f907770a59cf6051#readProxyContract#F8)parameter set in the contract. Over the first month 112,000,000 $AIKING (11,2% of total supply) will be distributed pro-rata between stakers. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://archai.gitbook.io/archai/staking/rewards.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.