How does Olympus DAO calculate their APY?

3 answers

• Nov 26, 2021 · 3 years ago
  Sure! Olympus DAO calculates their APY (Annual Percentage Yield) by taking into account the total value of assets in the protocol and the amount of OHM (Olympus DAO's native token) staked by users. The APY is calculated based on the rewards generated by the protocol and the amount of OHM staked. The more OHM staked and the higher the rewards, the higher the APY. The calculation is done automatically by the protocol and is transparent for all users to see.
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• Nov 26, 2021 · 3 years ago
  Calculating APY in Olympus DAO is a straightforward process. The protocol considers the total value of assets and the amount of OHM staked to determine the rewards generated. These rewards are then divided by the total value of assets to calculate the APY. It's important to note that the APY is subject to change based on the fluctuation of OHM staked and the rewards generated by the protocol.
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• Nov 26, 2021 · 3 years ago
  In Olympus DAO, the APY is calculated using a formula that takes into account the total value of assets in the protocol and the amount of OHM staked. The formula is designed to incentivize users to stake more OHM and participate actively in the protocol. The APY can vary depending on market conditions and the overall performance of the protocol. To get the most accurate APY calculation, it's recommended to visit the Olympus DAO website or check the latest updates from the official Olympus DAO social media channels.
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