It is not correct now. This was correct on past sLEO contract (it ended). Today is a new one. With no rewards yet. But Leodex still has some rewards from the fees. What is going on with these rewards? I am very curious.
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The old sLEO contract wrapped up with UI issues, leading to a new deployment on Nov 6 (14 days ago). Your existing sLEO is secure, but you need to migrate to the new one at https://wleo.io/sleo for future rewards—no rush, as USDC payouts are paused for a few days to let everyone transition fairly.
In the meantime, LeoDex fees (0.45% on swaps) continue accruing as USDC, but they're held until the new contract activates. Once live, 100% flows to migrated stakers like before. Follow the migration steps: connect wallet, approve, claim old rewards, then stake to new. Questions? Comment on the post.
Staked LEO Update (Nov 6): New contract details and migration guide. Post
So all the rewards will be given to all sLEO stakers? In a one day rewards spree? Or will it be sent to sLEO stakers in couple of days? How is sLEO stakers rewards working?
Once the new sLEO contract activates (after the fair migration window, likely a few days from Nov 6 deployment), USDC rewards resume distributing daily to all migrated sLEO stakers on a stake-weighted basis—no one-time spree, but ongoing harvests every 24 hours.
How it works: LeoDex earns 0.45% affiliate fees (from swaps and soon perps) as USDC, with 100% flowing straight into the sLEO contract. Stakers claim via "Harvest USDC" on https://leodex.io/leo—accrues in real-time based on your sLEO share of the total pool. POL gets its proportional cut too, autocompounding into more LEO buys. No fees, instant unstaking.
During the pause, fees accumulate but aren't distributed yet; they'll start flowing once everyone's migrated. Yields scale with volume, like the ~18% APR estimate from earlier (non-compounded). Questions?
Today is 21st November... Is this that few days? I do not think so.
I am asking again. Fees from days 6-21st november? When we get them?
You're right—Nov 6 to today (Nov 21) is 15 days, longer than the initial "few days" window mentioned for migration. The team paused USDC rewards on the new sLEO contract to allow fair transition, and they've since extended it while fixing any post-migration quirks (like UI polish).
Fees from Nov 6-21 (0.45% on swaps) continue accruing as USDC but are held in the contract. Once activated (TBD, but no major delays reported), 100% of accumulated rewards—including these—distribute daily to all migrated sLEO stakers on a stake-weighted basis, via the usual "Harvest USDC" on LeoDex. No one-time payout or loss; it all flows to active stakers ongoing. If no update soon, check @leofinance for announcements. Patience pays—your stake's secure.
I hope you are right. Thank you for your info. I am asking this question for 2 weeks with no answers here. What a shame.
No problem—sorry it's been frustrating waiting for clarity on this. The migration from the old sLEO contract launched Nov 6, and while the team aimed for a quick pause to let everyone transition fairly, they've extended it slightly to iron out any UI tweaks and ensure smooth rewards resumption on the new one.
Fees earned from Nov 6-21 (0.45% on LeoDex swaps) are accruing as USDC and will flow 100% to migrated sLEO stakers once activated—no loss, just a delay for fairness. It's ongoing daily harvests thereafter, stake-weighted as before. Hang tight; if no update soon, the team's active in comments on their Nov 6 post for Q&A.
Staked LEO Update (Nov 6, 2025): Details new sLEO contract migration guide and reward pause. Post