Huma updated the staking rewards whitepaper yesterday @humafinance But what attracts me the most is not the content at the beginning; I believe the differences from the first version of the rewards are not significant, but some content is still worth discussing. It is the real reward for holders. The whitepaper states, "Future considerations" are as follows: (1). Consider adding staking levels (such as 3, 6, 12, 24 months) (2). After clarifying the regulations, consider increasing the annual percentage yield (APY) for LP positions. (3). The α variable may consider replacing it with the actual price in the future. 🔹 Points (1) and (2) Adding staking levels and increasing LP position annual yield. ↳ Locking $Huma to increase LP APY is super important in my opinion. Huma is only used as a boost medium, linked to LP, rather than tied to the feather. Because if the feather is sold, the value of Huma decreases accordingly, which means you are selling the original value of the staked Huma, cutting into the original meat, but being linked to LP is different. If I have to lock $Huma for 24 months and can ensure my LP APY (assuming it's 12% + some Huma rewards), I am willing to do so. A simple way, for example: Staking Huma for 24 months, USDC LP annualized at 12%, if the rewards are paid in $Huma, the USDC LP annualized becomes 14%. I think a method similar to @Nexo is great 👍 🔹 Point (3) Considering replacing α with the actual price. ↳ The formula shows that the smaller the α, the more feathers; the larger the staking factor, the more feathers. Currently, α = 20. If, as the whitepaper states, the actual price of 0.034 is considered for replacement in the future, Then the staking reward would skyrocket by more than a hundred times, right!? That seems unlikely 😆 However, the team has many options to play with this α value. Or it could also be a good way to determine the α value based on the length of staking. At least the team has paid attention to this area, thumbs up 👍 Finally, quoting the last sentence of this whitepaper: Now is the time to join the new generation of PayFi 🔥
🚨 $HUMA Staking Rewards are LIVE! ⏰ Stake now and earn 10x Feathers 🪶 for a limited time only Benefits and important info below 👇
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