Reward Formula
The reward formula applies to all rewards from the Reward HODL, including fish farming and governance rewards. PGs, DELs, Vs and PWs are subject to the same reward multipliers (M) based on the duration (D) as specified by the user (e.g. weeks).
(Duration in weeks).Then define the reward received R as follows:
- are the current Reward HODL reserves.
- is the percentage reward, with PGs, DELs, Vs and PWs having their values for this variable.
- are the number of (liquidity) tokens stacked for a particular user.
- is the multiplier for a particular user.
- are the multiplier weighted (liquidity) tokens for all users (calculated separately for the different types of users).
The reward formula is explained as follows:
Tu x Mu represents the staking weight of the user. For instance, a user stakes 10 PL2 for 4 weeks: M = 1 + 0.2 x 4^0.5 --> M = 1.4; the multiplier for 4 weeks staking is 1.4, so the weight of the user for 10 PL2 is 14.