Rewards

$AIKING

Staking rewards are paid in $AIKING Index Token.

Its price represents the value of the Index Pool based on values of deposited tokens.

At launch, the price of $AIKING is $0.00025 based on 20M $BADAI tokens contributed to the pool and 1,000,000,000 $AIKING total supply.

APY

APY represents your yearly yield in % and is based on rewards accrued per year and your stake calculated in base currency. Since the distribution is linear across all stakers and is proportional to their stake, it cuts down to the following ratio:

$$APY= RewardPerYear/ Total Stake$$

where RewardPerYear is estimation how much $AIKING one will receive based on rewards per second parameter set in the contract.

Over the first month 112,000,000 $AIKING (11,2% of total supply) will be distributed pro-rata between stakers.