So.... it's been 24+ hours... 500 locked coins at 100% APY... minimum 24 hours lockup passed, the number of locked coins has not increased... so I just wait another 24 hour when I can unlock them and see if the number of coins gets increased when I unlock them... If I am right 1.36986 coins should be added to locked 500 coins every 24 hours.... how and when are they getting added?
@LazyNina can you give high-level overview?
Because there is a lot of confusion regarding tokens APY I am running this experiment using alt account.
1000 tokens minted by account A
Minting disabled
APY set to 100%
500 moved to account B and locked for 2 days
500 moved to account C unlocked
Minimum Lockup Duration for Yield is set to 24 hours aka 86400000000000 nanoseconds. Obviously you can add points. So I added 2, one for 24 hours and one for 48 hours...
The goal of this experiment is to prove that new tokens are going to be minted by @deso or to prove that APY doesn't work if minting new tokens is disabled.
Account A has 0 tokens. This experiment will end all debates.
@Randhir I will tag you in 48 hours to see results.
PS I was using BitClout so I may fuck up nanoseconds 🤣
