In delegation calculations, the calculation is based on the value of the token. Let's assume we are doing a calculation for Cent; 25,000%25/52: 120 CENT, Cent/Swap.HBD: 0.0109 Swap.HBD
Yes, that's correct. However, the current price of the Cent is quite far from the target price of $0.01. Therefore, we are keeping the APR (Average Per Pricing) high. As the token gets closer to the target price, the offered APR will naturally decrease.
In delegation calculations, the calculation is based on the value of the token. Let's assume we are doing a calculation for Cent; 25,000%25/52: 120 CENT, Cent/Swap.HBD: 0.0109 Swap.HBD
Let me know if I get this right:
500k CENT delegated would then be
500.000 * 0,25 = 125.000
125.000/52 = 2.403,84 CENT
if 1 cent = 0,05 $SWAP.HBD (or just $0,05), then:
2.403,84 * 0,05 = 120,19 $SWAP.HBD for that week?
Thank you for taking the time to explain it.
!BBH
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Yes, that's correct. However, the current price of the Cent is quite far from the target price of $0.01. Therefore, we are keeping the APR (Average Per Pricing) high. As the token gets closer to the target price, the offered APR will naturally decrease.
Yeah, I know, it was just an example to see if I had understood correctly 😄
Thank you for taking the time to explain
!BBH