APY (Annual Percentage Yield) represents a dynamic % earned on your staked amount in a Community Pool.
The APY showcased is dynamic and updates based on the information below.
The formula used to calculate the dynamic APY in a community pool is:
$$ \text{APY}=\frac{\text{Total Shared Revenue}}{180}\times\frac{365}{\text{Total Circulating Weight}}\times100\times0.9965^d \times 10 $$
The total amount of ETH shared by the creator, converted to ALTT and sent into the community pool for rewards.
The creator can share revenue from their:
The total number of weight (stALTT) owned by all stakers in a community pool, serves as receipts for their staked positions.
The formula used to calculate Total Circulating Weight in a community pool is:
$$ \text{Total Circulating Weight} = 10 \times \text{Amount Staked} \times 0.9965^d $$
Days Passed (d): The number of days since the genesis (creation) of the staking pool.