Rewards
1. “How can I figure out what my future $KITTY rewards will be from the Nursery?”
Here is a simplified example for a non-debt phase:
Say you have 1 $CAT staked out of 10 total $CAT staked in Nursery, so you will get 10% of the total $KITTY emissions.
So, for this example we are assuming that there is a total circulating supply of 10,000 $KITTY, the current expansion rate is at 4%, and therefore 400 $KITTY will be emitted.
You would get ((0.04 * 10000) * 0.8) * (1/10) = 32 $KITTY.
With current regulations, this is the distribution breakdown:
80% of printed $KITTY goes to $CAT stakers.
15% goes to DAO fund.
5% goes to the devs.
Formula to calculate your rewards:
((Expansion rate * circulating $KITTY supply) * 0.8) * (Your $CAT stake / Total $CAT staked)
2. “How long will it take for CAT to pay itself off from $KITTY rewards, based on current prices?”
This will vary constantly as the APR in the Nursery fluctuates, along with other variables such as the price of $KITTY.
For a quick estimation, however, you can do the following:
1) Take the total APR shown in the Nursery, and divide that by 365 to get the daily APR. (In this example, we will say the daily APR is 5%).
2) Multiply that daily APR by the current market price of the total $CAT you have staked to see what your daily rewards are. (In this example, we have 5 $CAT, each worth $500, for a total amount staked of $2500. Your daily return is $2500 * .05, which comes out to $125/day).
Last updated