KittyFinance.io - (AVAX 🐱 MATIC)
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    • FAQ/Getting Started
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  • MATIC
    • FAQ/Getting Started
      • Nursery
      • Farms
      • Rewards
      • Contractions & $sKITTY
    • Tokens
    • Platform
    • Kitty Distribution
    • $sKitty Mechanism
    • Contract Addresses: MATIC
    • Treasury Transactions
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  1. MATIC
  2. FAQ/Getting Started

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).

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Last updated 3 years ago