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  • Why Are My kGeyser Rewards Reducing Over Time?

     davoice321 updated 8 months, 4 weeks ago 3Members · 6 Posts
  • davoice321

    Administrator
    November 7, 2020 at 02:12

    Here’s a brief explanation of how estimated rewards change over time as people enter and exit the kGeyser.

    The basic idea is that everyone is sharing a single pie of pizza.

    At first, if only 2 people are sharing the pie, both get larger portions.

    But if 5 people start sharing the same pie (even if the pie gets bigger over time), each person will have to share a smaller slice.

    The kGeyser rewards will be distributed over 90 days. Each staker will receive a proportion of the total rewards pool that will change as people enter and exit the pool (more people have to share the pie.

    The dashboard section showing your total estimated rewards reflects these shifts in rewards over time.

    The image below explains the rewards sharing process in more detail.

    • This discussion was modified 8 months, 4 weeks ago by  davoice321. Reason: Clarified rewards pool
  • alexesc

    Member
    November 7, 2020 at 04:03

    Thank you for the information. I understand that the value we earn in time should reduce as the total staked value increases. But at the site you are showing an accumulated value of “Reward earned to date”. It cannot go down. And in my case it went down. Maybe that’s happened at the beginning for some adjustment. I don’t know. I have screenshot with one value, and after 10 min, the value was half of that.

    • This reply was modified 8 months, 4 weeks ago by  alexesc.
    • desihero

      Member
      November 7, 2020 at 06:55

      Exactly my issue. When I added my liquidity there were only 20kMPL distributed and my reward counter was increasing and i saw it at .51kMPL in an hour or so. Now when I checked it shows only 0.25 and multiplier is 1.1 now and also i dont see the reward counter moving. In Beehive Geyser, you get the reward counter constantly and they only reduce if negative rebase. There is something wrong here.. please investigate.

      • davoice321

        Administrator
        November 7, 2020 at 08:30

        The UI is accurately showing the changes in your reward share as more people enter the pool over time.

        Please see the revised explainer (and image above).

  • alexesc

    Member
    November 7, 2020 at 04:08

    Unless there is a fix time for the accountability and not permanent, like in geyser.

    • davoice321

      Administrator
      November 7, 2020 at 05:22

      Yes. This is correct. Just like the Geyser, it’s an estimate of rewards, which changes over time.

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