Conversation

· Mar 20, 2021

Terrans - many people are noticing 40% - 100%+ APR on Terra Station. Here is an explanation: - ANC airdrop happened few days ago (1 ANC per 6 Luna) - this meant in one single day, people made 7% (based on current ANC price) i.e. 2500% APR if that was to happen everyday

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Do Kwon

@stablekwon

Seems appropriate to include airdrops - what do you suggest?

to keep it simple 4 everyone, staking dashboard should have APR based on staking rewards alone in my view. airdrops are generally perceived as an independent thing. i did create an overall apr thing based on questions in community but that was a secondary source for the lunatics

Do Kwon

@stablekwon

Also dont want feature creep to pollute the dashboard If we implemented all the requests we get station would look like a labor bureau census

5:00 AM · Mar 25, 2021Twitter for iPhone

not looking for feature creep ... the older APR method (prevalent till about 2 months ago) was better is all i am suggesting

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and

Isnt receiving airdrops a major decision point for people looking to stake? Its not clear to me the logic of taking them out

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Yea they are but I don't think most people include airdrops in what they consider to be APR/Y. Airdrops are normally a bonus. I don't care either way just my thoughts.

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Should include airdrop master.

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Absolutely should be included & was (still is) when I decided to stake

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The Homepage has Staking rewards broken down periodically. It is fine as it is, people need to take 2 minutes to do their research before complaining.

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airdrops r very attractive & encourage people to assess Terra & must continue to be so. when it comes to actual staking, seeing those returns of 40% light up everyone & without proper explanation it sets a different expectation. on daily basis I am getting 10-20 pokes for this

i dont mind the pokes but i can sense that people get disappointed on not seeing those apr's materialize on daily basis. if the current formula is to be retained, perhaps a better term/description may help btw: it was the same post MIR airdrop, except 4 community being smaller

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As and investor when I evaluate asset, I will forecast longterm cashflow that I will get from that asset. Anc and Mir airdrop lasted for the next 4 years. For longterm investor this is temporary revenue. So I also like what

propose.

The Unreliable Narrator

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The genesis airdrops being a one time thing throws people not familiar with it. TBH I’m not sure who the target audience is here, are we trying to babyproof it for degens or assume investors understand what they’re investing in. EOD the calc has chngd but ppl will get used to it

The Unreliable Narrator

@ReliableNarr

But still

@d0h0k1

there needs to be at least a little ‘i’ to tell you how it’s calculated and that sometimes irregular airdrops can skew the return higher temporarily.

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Hmm... If the station shows they receive 10% APR for staking Luna but only 5% is in Luna & 5% from several other assets it’s a bit deceiving or at least it could seem deceiving to new members. I agree with