We like the open discussion we've been seeing about SURGE Yield
Our blog post today offers a refresher course in how SURGE Yield is calculated and paid out which dives deeper into the mechanics than our original posts did
TLDR;
- The original SURGE design required staking. You could either stake your SURGE or stake your SURGE:USDC LP Tokens. The only way to earn yield was to stake
- We instead opted for a liquid staking design: this still requires that you either hold liquid SURGE in your actual wallet OR hold it inside an LP. SURGE held anywhere else does not count toward "SURGE in your wallet"
- The snapshot window system we built prevents abuse which can come in many forms that we have predicted and built @surge.yield to prevent against: things like sell order attacks, switching accounts, buying and dumping after the payout window, etc. have all been proactively defended against
https://inleo.io/@leostrategy/surge-yield-refresher-exactly-how-surge-yield-is-calculated-and-paid-gtq?referral=leostrategy
Thanks for sharing things with simple examples and details. Not that it's understandable to everyone.