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jayplayco
@jayplayco
Update for the HashKey Launchpool. The first day has been closed and the rewards have been distributed. As you can see on the screenshot below, the Participants have been doubled compared to yesterday. So it seems that a lot of participants have decided to compound their $HUNT back into the Launchpool. APR has been descreased from a 1200% level to a 1085%, which is still very high. Have also compound my HUNT rewards and now farming with 1085% APR, which is translated into a daily yield of 2.97% Guess you can call this money printing.
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gFam.live (UrbanGladiator)
@gfam
Money-printing indeed. I assume the APR will move down to more sustainable levels over time, but watching you be early is incredible. Well done again! 15000 $HUNT
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jayplayco
@jayplayco
Yeah the launchpool is going only for 4 days and I assume that a similar amount will be staked after the rewards of the second day will be distributed, which would decrease the APR to a 800-900% level tomorrow.
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