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RE: Weekly Delegation Report (December 7)
We set the reward distribution APR as 25% for users who delegate 20.000 Cent and more tokens to the @centtoken account.
That does seem pretty steep. But 25% apr is pretty good, might be worth it.
0.00002075 BEE
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100% a good APR for people who have 20k cent.
I don't have 20k cent.
As mentioned in previous reports, we burn around 12,000 Cent per month. This amount was much lower than we expected. We want to get as many delegations as possible and burn as many Cent as possible. This is one of the reasons why we increased the APR.