The staking APY is currently 90%. There is currently $84k worth of $Array staked.
21 Apr 2023, 18:08
The staking APY is currently 90%. There is currently $84k worth of $Array staked.
In anticipation to revenue sharing through buybacks in the coming 2 weeks, we are able to significantly increase the APY but will refrain from doing so rapidly as we want to remain in this range for now.
We are able to sustain this APY as the estimated revenue is in the 6 figures, over a relatively small amount of staked $Array & spent in a month, the theoretical sustainable APY we can offer is 2000%+. As Array grows with more launches we will be pointing more revenue to stakers but 80% is a good start š
š PS. Mayfair's IDO Countdown has begun š„³, you need to be staked to participate in their IDO!