Announcing Round 2 of wXDN Pool Rewards
As our current wXDN Pancakeswap pool rewards came to an end on 16th April 2021 at 11:59pm GMT, we are pleased to launch round 2 of the pool rewards.
Here are the details:
- Duration: the new pool contribution reward is going to run for a 30-day period:
Start time: 20th April 2021 at 00:00 AM GMT
End time: 20th May 2021 at 00:00 AM GMT
- 33,000 wXDN allocated for each day of the 30-day period
- The rewards will be calculated on the daily basis, in the proportion of pool contributions. This is based on the pair, wXDN/BUSD.
- The rewards will be deposited in the staking BSC address by May 27, 2021 — which is within a week of pool reward end date.
3. % APY
Assuming the pool contributions will start on day 1 with the same TVL (total value locked) as it’s now, the APY on day 1 will be about 267%. Again, this is only a rough estimate and will change based on actual number of people and # of wXDN being contributed to the pool.
For those of you who have leveraged the first round of pool rewards, we highly encourage to leave your wXDN in the pool — that way you will continue to earn the pool rewards without having to do anything additional.