Given that staking requires signed, on-chain transactions, there is not a good way for us to automate this for users.
Apricot Wobble
•
Feb 14, 2025
This is a great Idea having an auto restake button then you could also input the amount of days you want it to go with auto restaking I know it would save me quite a bit of time as right now the process is painstakingly long
Plum Ash
•
Feb 14, 2025
Just to add to this — it would be better to have displayed on the UI the ‘APY’ for opting into Auto-restake. I’d estimate the APY would be around 140% given current APR or 97%.
The higher APY number is more attractive, and this would be good for increasing staked supply.
Gold Patch
•
Feb 14, 2025
Great idea!
The componding effect increases the actual APR. At a current APR level of 97% the compounded APR - based on a daily reinvest of the rewarded VVV - would be:
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Comments4
JP
Feb 23, 2025
Given that staking requires signed, on-chain transactions, there is not a good way for us to automate this for users.
Apricot Wobble
Feb 14, 2025
This is a great Idea having an auto restake button then you could also input the amount of days you want it to go with auto restaking I know it would save me quite a bit of time as right now the process is painstakingly long
Plum Ash
Feb 14, 2025
Just to add to this — it would be better to have displayed on the UI the ‘APY’ for opting into Auto-restake. I’d estimate the APY would be around 140% given current APR or 97%.
The higher APY number is more attractive, and this would be good for increasing staked supply.
Gold Patch
Feb 14, 2025
Great idea!
The componding effect increases the actual APR. At a current APR level of 97% the compounded APR - based on a daily reinvest of the rewarded VVV - would be:
(1 + 97% / 365)^365 - 1 = 163%