June 19th SERAPH/USDT Liquidity Mining + Staking Reward Settlement
🔥 Today's Staking Income: 262u
🔥 Accumulated Staking Rewards Available in 7 Days: 16667 #SERAPH tokens, token price 0.196u, total theoretical staking income 3266u.
🔥 New Staking Rewards from June 17th - June 18th: 1337 #SERAPH tokens (16667-15330), new staking income 262u.
🔥 Total Value of Liquidity Staking: 19812u (up 256u from yesterday's 19556u)
🔥 Number of Tokens Staked: #SERAPH 67000 + USDT 6400
🔥 Staking Start Date: June 12th (11am-5pm)
The liquidity staking reward tokens distributed in the past day have been halved, here’s the analysis of the reasons:
1. The number of people adding liquidity is increasing, and the amount staked has also risen, from 474.87k to 486.11k in the past 24 hours. The more liquidity staked, the less transaction fee is distributed to each SERAPH and USDT.
2. I added liquidity with two price ranges below 0.19u, and in the past 24 hours, the price of SERAPH tokens has already exceeded 0.19u, so I can't benefit from the transaction fees of the trading volume above 0.19u, and the staked liquidity price range cannot be modified now.
3. If you are just starting to add liquidity for the SERAPH/USDT token pair today, it is recommended to set the price range between 0.14u-0.21u.
4. Seraph has started a trading competition on Binance Alpha today, and trading volume is expected to surge, leading to more transaction fees. It is anticipated that the income from adding liquidity + staking will significantly increase over the next 7 days.
