Calculating LNDX Staking Rewards
If you hold LNDX you can stake it to earn a percentage of platform fees and rewards from the LNDX staking rewards pool. Today we are going to calculate an estimated APR for the LNDX distribution to stakers.
To calculate this, we need to distribute the total annual rewards in a way that the 4x pool receives twice the rewards of the 2x pool, which in turn receives twice as much as the 1x pool. The stakers in the higher reward pools get greater multiples because they commit to staking their LNDX for longer time periods.
Total Rewards
Staking Rewards Pool 15.6 million over 5 years
Annual Rewards: 3.12 million LNDX
Staked Amounts
4x Pool: 29 million LNDX (Seed investors funds)
2x Pool: 16 million LNDX (Private round and team funds)
Reward Distribution
4x Pool: 116 shares = 2445405 LNDX
2x Pool: 32 shares = 674594 LNDX
From here we can calculate the APR for each pool. Note that this is influenced by various factors such as the number of new stakers over the course of the year so we can only provide an estimate based on todays figures.
Estimated Staking APR
4x Pool: 8.43% + platform fees
2x Pool: 4.22% + platform fees
1x Pool: 2.11% + platform fees
If you believe in LandX’s ability to create the leading agricultural finance protocol in DeFi then staking LNDX offers rewards which align incentives for long term growth.
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