Why did the staking APY change?
The yield of 10% is obtained due to the staking of some money from the vault on the NEAR validators. At the same time part of the money always remains free so that any user can withdraw it instantly and without commissions. The more withdrawals/deposits you make, the more money we have to keep free.
In November the turnover was higher than we expected and the profitability of the project decreased, so we are forced to change the APY. It will always be +1% for NFT owner.
We are working on the next version of the staking protocol where the APY will be individual and depend only on how much liquidity you use.
Instant unstaking will always be without commissions
Post #68
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