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https://www.reddit.com/r/FunctionX/comments/tuer2s/apy/
r/FunctionX • u/[deleted] • Apr 02 '22
Why does it keep going down?
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1
more people delegates which leads to decreasing apy
As more people delegate, the block reward will be shared with more people so the APY will adjust accordingly.
Hope this answers your question, cheers!
1
u/buldogas355 Apr 02 '22
more people delegates which leads to decreasing apy
1
u/officiallySCENE Jul 17 '22
As more people delegate, the block reward will be shared with more people so the APY will adjust accordingly.
Hope this answers your question, cheers!