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Part 2:
1/4 @Unfederalreser1 acknowledge that at the current price of $eRSDL 845,000 $eRSDL tokens distributed in rewards per day would mean that their 20mil tokens allocated in their reward pool would run out in a little over 3 weeks
1/4 @Unfederalreser1 acknowledge that at the current price of $eRSDL 845,000 $eRSDL tokens distributed in rewards per day would mean that their 20mil tokens allocated in their reward pool would run out in a little over 3 weeks
2/4 However, as they have noted, the price of $eRSDL is expected to increase once this platform goes live - down to high APY and the marketing they will be doing. The APY is taken from the fiat value of the assets you stake, and not from the number of eRSDL you stake
3/4 Therefore, if you stake 100 eRSDL at 1000% APY (assuming rewards are not auto-compounded and APY stays at 1000%) you should not expect to be getting 1000 $eRSDL in rewards after a year. Instead you will be getting 10x the fiat value of your initial staked amount
