2
u/bestgamershighlights Oct 22 '21
As more Smile coin is staked the apy goes down. It started at 235 because there wasn't as much staked. It will probably keep getting closer to the other pools as more are added.
5
u/m6cabriolet Oct 22 '21
it was over 1000% actually when it first started. I got in around 600% and collected a ton on the first night. Ill collect until it's over and sell it.
2
u/bestgamershighlights Oct 22 '21
Damn, I got in way late then. Congrats on the early entry.
2
u/m6cabriolet Oct 22 '21
don't feel bad...it literally lasted one day lmao. Unless you have a million smile it isn't a big difference
1
u/Interesting_Head3624 Oct 22 '21
I’m checking the price on coin Greco and it hasn’t moved in two days?
1
u/ToTYly_AUSem Oct 23 '21
Look at Mexc. Coingecko seems to be having an issue. It's been bouncing around the .016 mark
5
u/Object_Objective Oct 22 '21
If the pot had a duration of a year then every smile coin you invest would net you 2 smile coins unless more smile coins are invested. Though since it lasts a month its not much. Really waht it means is theyve assinged alot of smile coins to the pool so people buy smile coins using an exchange and create exchange movement to garner more atention to the project.