I’m really struggling to understand this equation. Where is that 2 million coming from? Currently, the total liquidity across all pools is roughly $2,776,450. Liquidity in USDT pool is $1,008,110. So, should that number in the equation be
- $2,776,450 (converted to PRV)
- $2,776,450 (converted to PRV)/2 (since earnings are only on the PRV side of pairs)
- $1,008,110 (converted to PRV)
- $1,008,110 (converted to PRV)/2 (since earnings are only on the PRV side of pairs)
Also, Is it 55k per pool I’m invested in or total across all pools? So if I had 10k in USDT and 10K in USDC, It would be 110K in rewards?
Here’s how to calculate your rewards
Let’s say you’ve contributed 10,000 PRV and equivalent in 6,700 USDT into liquidity pools. Total PRV in liquidity pools are 2,000,000 PRV
In June, 55,000 PRV will be distributed to liquidity providers. That’s you! Your contribution is 1/200 (10,000/2,000,000) of the total pool.
June reward = 55,000 PRV/$2,000,000 * 10,000 = 275 PRV