Why is the Est. APR changing and how is it calculated?
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The Est. APR of DYDX Staking is dynamically changing on a daily basis along with on-chain staked principal and returns.
How is my return calculated?
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USDC Return = DYDX Holding Amount × Daily APR / 365 × (DYDX Price of Staked Coin / USDC Price of Reward Coin) × (1 - Service Fee)
How long does it take to receive rewards after staking?
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USDC reward release: If you stake on day D, interest will start to accrue on D+1 and be paid on D + 2 .
Can I redeem my DYDX return at any time?
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You can redeem your DYDX return at any time and the assets will be credited to your account on D + 1. The unbonding period is subject to change. During this period, no staking rewards or bonus will be generated from the amount of assets being redeemed.
Can I cancel a staking or redemption order after submission?
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No. The order cannot be canceled. But you can stake or redeem your DYDX again through DYDX Staking at any time.
Are there any additional fees?
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Gate will charge 5% of the reward as service fees, which include but is not limited to commission, network fees, etc.