Kintsu
@kintsu
On Kintsu Testnet, sMON is designed to simulate the real-world behavior of a Liquid Staking Token (LST) Users can experience how sMON grows in value relative to MON over time, mirroring the dynamics of a live staking environment.
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Kintsu
@kintsu
Example - Month 1: - You stake 1,000 MON - You receive 1,000 sMON - After one month, you earn ~8.3 MON (0.83%) Your sMON is now worth 1,008.3 MON
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Kintsu
@kintsu
Example - Month 2 (compounding): - Yield is now calculated on 1,008.3 MON, not 1,000 - You earn ~8.37 MON (0.83% of 1,008.3) Total value after 2 months: ~1,016.67 MON
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