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
!DUO !PIMP
Thank you for the !DUO and !PIMP 😆 (see what I did there?)
!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