Rewards
Last updated
Last updated
Staking rewards are paid in Index Token.
Its price represents the value of the 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 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:
where RewardPerYear is estimation how much $AIKING one will receive based on 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.