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RE: Splinterlands DEC-Grain Pool Current APR: 22.27%

in Splinterlands7 months ago

Wow then it will be cool to Jump into the Grain-DEC pool from the get-go, I'm very interested in the potential for this liquidity setup amazing bro. Excited for the future tweaks to fine-tune APR accuracy. Hope it doesn't take too long too

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Excited for the future tweaks to fine-tune APR accuracy

It's not as much about accuracy as it is about fluctuating swap volume. If one week a whale swaps a lot of grain and the next week the swap volume drops by comparison, then, the APR determined based on the swap fees of week 1 is much higher than the APR calculated based on the swap fees of week 2.

Oh wow you're right on that then I guess swap volume is what attention should be on🤔

Yep, it's true. But by calculating APR, you can compare it to other LP rewards or other types of investments, even if it's not the best metric when rewards are based on fees and not on inflation.

Indeed good friend, you have schooled me🥰😁

Lol, I do overexplain sometimes.🤣

It's a good thing that way we all understand you so well 🥰