RE: First WLEO LP Yield Payout - 121.70% APR and Approaching $400k in Total Liquidity
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Okay, so if I were to wrap, say, 5000 LEO tomorrow - what would my "expected" yield be after 1 week? The bonus period payouts are weekly, correct? I'm still trying to piece all of this together - I have about an 8k HIVE powerdown hitting in 20 hours and trying to figure out what I'd like to do with it...
TIA!
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There is 300k LEO bounty for 90 days.
3333 LEO per day.
Divided between the LP providers.
403k USD LP pool atm. Minus 50k owner, around 350k.
5k LEO, at today's price, 0.25 = 1250$. Plus matching amount of ETH, total 2500$.
2500/400,000=0.62%, out of 3333 LEO = 20.6 LEO (5.1$) for today :), around 72% APR.
If the pool goes up, APR goes down, and the opposite.
Maybe I'm overtired and i'm just not getting it - but what is every "1" token worth at this point in time by wrapping it?