On the afternoon of August 20, $BNB $BNB 8, today marks the 20th day of reinvesting in BNB. The current total amount of BNB is 381.72 BNB!
The reinvestment funds mainly come from the empty investment funds of BNB holders over the past two days, which have been reinvested in batches to increase BNB holdings.
Yesterday at 8 o'clock, the staking mining of #mito #Mitosis went live, transferring over 170 BNB to start staking. The staking yield APY has decreased from about 50% at the beginning to around 25%. It feels like the number of participants is noticeably much higher than the last staking.
Currently, rewards are distributed every 24 hours. The current reward is 105 U, equivalent to Mito tokens. Based on the current yield rate APY, it is estimated that if rewards are distributed again tomorrow, it will only be around 50 U.
I did a simple calculation. Considering that MIBNB has a 10-day waiting period, it is equivalent to giving up 17 days of holder earnings, and the actual earnings may be far lower than expected.