Unclaimed Rewards Optimisation

Another way at looking at this would be, instead of focusing at the unclaimed rewards focus on the rewards in excess of a max APY. For example we could set APY at 100% any excess amount would be used for burning etc

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Nice idea, would probably only be relevant in times of slow market action and down trends though. Will be interesting to see now, with market recovering somewhat the effect on unclaimed rewards and thus the apy. Lets keep an eye on this!

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4 choices for Snapshot vote:
60% burn / 30% stakers / 10% dao
50% burn / 30% stakers / 20% dao
40% burn / 40% stakers / 20% dao
35% burn / 40% stakers / 25 % dao

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LOOK SO GOOD 4 4 2strong text

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Honestly I would park that and rather try to get more information from the linear team.

I thought that I had a good understanding of how the reward system works but with this week’s drop in rewards I am confused.

The linear team explains the drop that more stakers were able to claim last week when Lina went up. However, apy was high >100% even when Lina was above 3.5 cent. Also Lina stakers did not change significantly.

For me I am very confused as I am not very convinced that stakers that could or did not claim when Lina was much higher and now all the sudden they all claimed??? The number of claimers increased last week so that total apy dropped by 50%, sounds far fetched to me.

I am also concerned that the Lina team is not willing to add transparency to clarify especially considering the reward distribution issue 3 weeks ago.

Can the DAO engage with the team and get data?

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The Lina community has investors for Yield farming
So for us, price defense is life
However, it moves with the overall atmosphere of the market
So no one is to blame

But we have to try
The most frequently mentioned word is token burn
That should be voted onasap
It should be an issue for the community
It is the most pressing issue

I am not say that we should not vote on that.
In my opinion we should fully understand how the reward system works by reviewing historical scheduled and roll overs.

For me to take a decision I must have a better handle on what the rewards would look like if everyone claims. Without that information, voting should not take place as people might get a big surprise once something like that is implemented.

I am in general in favour of burning but not if my apy drops significant below current level. Does anyone know what the scheduled APY is?

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We have 2 choices for the future of Lina, it’s so basic.

Unfortunately it is not as basic. Price is not 100% correlated to supply. Price is a function of a variety of things.

@legacy if that’s so basic perhaps you are able to clarify what APY would look like if you don’t account for rolled over rewards?

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Do you want to know which one is a good token or a good project?
Good projects are imitated by someone
Open source code is open
Anyone can develop it
It’s easy to understand when you think about your thesis
What is a good thesis?
How much is it quoted and used as a reference by someone
That’s what I think

Is there a update from the Lina team in respect of historical data showing scheduled and roll over rewards?

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Sadly no there is not

Does anyone know why Lina team is not sharing information?

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Hi Crumbi, thanks for your input into this and the other threads over here on the forum.
I appreciate your concern that information has been slow in coming through thus far.
For what its worth, I feel as if the unclaimed rewards chat has lost some legs and is no longer a high priority, therefore we have not pushed the core team for the above info.

We are very active behind the scenes, thats for sure. Main priority at the moment is trying to recruit a DAO dedicated dev and the creation of a solid roadmap which the DAO can oversee.

If you, as a community, still feel the the use of unclaimed rewards is paramount and that the above info is still required then let me know and I will push to get this for you, no probs.

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Hey,
I had some spare time yesterday and wrote some scripts to calculate the unclaimed amount of rewards on a weekly basis:

Period:  1 TotalSum:   3.844.897,469 ClaimedSum:   2.733.492,391 UnclaimedSum:   1.111.405,078 Percentage Claimed:  71,094%
Period:  2 TotalSum:   3.960.270,285 ClaimedSum:   3.464.352,573 UnclaimedSum:     495.917,712 Percentage Claimed:  87,478%
Period:  3 TotalSum:   9.999.671,078 ClaimedSum:   9.318.960,946 UnclaimedSum:     680.710,132 Percentage Claimed:  93,193%   RewardsWithoutRollover:  8.888.266,00
Period:  4 TotalSum:   9.517.507,712 ClaimedSum:   9.037.148,104 UnclaimedSum:     480.359,608 Percentage Claimed:  94,953%   RewardsWithoutRollover:  9.021.590,00
Period:  5 TotalSum:   9.837.624,132 ClaimedSum:   9.443.453,997 UnclaimedSum:     394.170,135 Percentage Claimed:  95,993%   RewardsWithoutRollover:  9.156.914,00
Period:  6 TotalSum:   9.774.627,608 ClaimedSum:   9.051.491,281 UnclaimedSum:     723.136,327 Percentage Claimed:  92,602%   RewardsWithoutRollover:  9.294.268,00
Period:  7 TotalSum:   9.827.852,135 ClaimedSum:   6.969.331,195 UnclaimedSum:   2.858.520,941 Percentage Claimed:  70,914%   RewardsWithoutRollover:  9.433.682,00
Period:  8 TotalSum:  10.298.323,327 ClaimedSum:   8.861.660,554 UnclaimedSum:   1.436.662,773 Percentage Claimed:  86,050%   RewardsWithoutRollover:  9.575.187,00
Period:  9 TotalSum:  13.549.216,941 ClaimedSum:  11.528.813,802 UnclaimedSum:   2.020.403,138 Percentage Claimed:  85,088%   RewardsWithoutRollover: 10.690.696,00
Period: 10 TotalSum:  12.287.718,773 ClaimedSum:  11.302.495,919 UnclaimedSum:     985.222,854 Percentage Claimed:  91,982%   RewardsWithoutRollover: 10.851.056,00
Period: 11 TotalSum:  13.034.225,138 ClaimedSum:  12.285.379,907 UnclaimedSum:     748.845,231 Percentage Claimed:  94,255%   RewardsWithoutRollover: 11.013.822,00
Period: 12 TotalSum:  12.164.251,854 ClaimedSum:   9.372.540,407 UnclaimedSum:   2.791.711,447 Percentage Claimed:  77,050%   RewardsWithoutRollover: 11.179.029,00
Period: 13 TotalSum:  12.095.560,231 ClaimedSum:  10.990.812,154 UnclaimedSum:   1.104.748,076 Percentage Claimed:  90,866%   RewardsWithoutRollover: 11.346.715,00
Period: 14 TotalSum:  13.261.635,447 ClaimedSum:  11.935.244,216 UnclaimedSum:   1.326.391,231 Percentage Claimed:  89,998%   RewardsWithoutRollover: 10.469.924,00
Period: 15 TotalSum:  11.731.721,076 ClaimedSum:   7.672.868,479 UnclaimedSum:   4.058.852,597 Percentage Claimed:  65,403%   RewardsWithoutRollover: 10.626.973,00
Period: 16 TotalSum:  12.112.768,231 ClaimedSum:   7.943.342,439 UnclaimedSum:   4.169.425,792 Percentage Claimed:  65,578%   RewardsWithoutRollover: 10.786.377,00
Period: 17 TotalSum:  15.007.025,597 ClaimedSum:   8.902.136,461 UnclaimedSum:   6.104.889,136 Percentage Claimed:  59,320%   RewardsWithoutRollover: 10.948.173,00
Period: 18 TotalSum:  15.281.820,792 ClaimedSum:  12.999.726,530 UnclaimedSum:   2.282.094,262 Percentage Claimed:  85,067%   RewardsWithoutRollover: 11.112.395,00
Period: 19 TotalSum:  17.383.970,136 ClaimedSum:  14.221.314,658 UnclaimedSum:   3.162.655,479 Percentage Claimed:  81,807%   RewardsWithoutRollover: 11.279.081,00
Period: 20 TotalSum:  13.730.362,262 ClaimedSum:  10.226.071,553 UnclaimedSum:   3.504.290,709 Percentage Claimed:  74,478%   RewardsWithoutRollover: 11.448.268,00
Period: 21 TotalSum:  14.782.647,479 ClaimedSum:  10.785.275,681 UnclaimedSum:   3.997.371,798 Percentage Claimed:  72,959%   RewardsWithoutRollover: 11.619.992,00
Period: 22 TotalSum:  15.298.581,709 ClaimedSum:  11.922.196,272 UnclaimedSum:   3.376.385,437 Percentage Claimed:  77,930%   RewardsWithoutRollover: 11.794.291,00
Period: 23 TotalSum:  15.968.577,798 ClaimedSum:  11.866.097,029 UnclaimedSum:   4.102.480,769 Percentage Claimed:  74,309%   RewardsWithoutRollover: 11.971.206,00
Period: 24 TotalSum:  15.527.159,437 ClaimedSum:  10.967.484,223 UnclaimedSum:   4.559.675,215 Percentage Claimed:  70,634%   RewardsWithoutRollover: 12.150.774,00
Period: 25 TotalSum:  16.435.516,769 ClaimedSum:  13.878.238,072 UnclaimedSum:   2.557.278,697 Percentage Claimed:  84,441%   RewardsWithoutRollover: 12.333.036,00
Period: 26 TotalSum:  17.077.706,215 ClaimedSum:  14.493.226,277 UnclaimedSum:   2.584.479,937 Percentage Claimed:  84,866%   RewardsWithoutRollover: 12.518.031,00
Period: 27 TotalSum:  15.263.080,697 ClaimedSum:  12.855.245,199 UnclaimedSum:   2.407.835,498 Percentage Claimed:  84,224%   RewardsWithoutRollover: 12.705.802,00
Period: 28 TotalSum:  15.480.868,937 ClaimedSum:  13.428.958,648 UnclaimedSum:   2.051.910,289 Percentage Claimed:  86,746%   RewardsWithoutRollover: 12.896.389,00
Period: 29 TotalSum:  15.497.669,498 ClaimedSum:  13.992.141,317 UnclaimedSum:   1.505.528,181 Percentage Claimed:  90,285%   RewardsWithoutRollover: 13.089.834,00
Period: 30 TotalSum:  15.338.092,289 ClaimedSum:  13.900.861,325 UnclaimedSum:   1.437.230,964 Percentage Claimed:  90,630%   RewardsWithoutRollover: 13.286.182,00
Period: 31 TotalSum:  14.991.003,181 ClaimedSum:  13.953.517,509 UnclaimedSum:   1.037.485,672 Percentage Claimed:  93,079%   RewardsWithoutRollover: 13.485.475,00
Period: 32 TotalSum:  15.124.987,964 ClaimedSum:  14.163.832,732 UnclaimedSum:     961.155,232 Percentage Claimed:  93,645%   RewardsWithoutRollover: 13.687.757,00
Period: 33 TotalSum:  14.930.558,672 ClaimedSum:  13.964.721,000 UnclaimedSum:     965.837,672 Percentage Claimed:  93,531%   RewardsWithoutRollover: 13.893.073,00
Period: 34 TotalSum:  15.062.624,232 ClaimedSum:   9.637.281,736 UnclaimedSum:   5.425.342,496 Percentage Claimed:  63,981%   RewardsWithoutRollover: 14.101.469,00
Period: 35 TotalSum:  15.278.828,672 ClaimedSum:   9.290.047,592 UnclaimedSum:   5.988.781,080 Percentage Claimed:  60,803%   RewardsWithoutRollover: 14.312.991,00
Period: 36 TotalSum:  19.953.028,496 ClaimedSum:  11.428.061,739 UnclaimedSum:   8.524.966,756 Percentage Claimed:  57,275%   RewardsWithoutRollover: 14.527.686,00
Period: 37 TotalSum:  20.734.382,080 ClaimedSum:  10.751.226,738 UnclaimedSum:   9.983.155,342 Percentage Claimed:  51,852%   RewardsWithoutRollover: 14.745.601,00
Period: 38 TotalSum:  23.491.751,756 ClaimedSum:  20.521.299,694 UnclaimedSum:   2.970.452,063 Percentage Claimed:  87,355%   RewardsWithoutRollover: 14.966.785,00
Period: 39 TotalSum:  25.174.442,342 ClaimedSum:  22.466.653,873 UnclaimedSum:   2.707.788,469 Percentage Claimed:  89,244%   RewardsWithoutRollover: 15.191.287,00
Period: 40 TotalSum:  18.389.608,063 ClaimedSum:  16.145.691,368 UnclaimedSum:   2.243.916,695 Percentage Claimed:  87,798%   RewardsWithoutRollover: 15.419.156,00
Period: 41 TotalSum:  18.358.232,469 ClaimedSum:  16.117.369,022 UnclaimedSum:   2.240.863,447 Percentage Claimed:  87,794%   RewardsWithoutRollover: 15.650.444,00
Period: 42 TotalSum:  18.129.116,695 ClaimedSum:  15.579.878,968 UnclaimedSum:   2.549.237,727 Percentage Claimed:  85,938%   RewardsWithoutRollover: 15.885.200,00
Period: 43 TotalSum:  18.364.341,447 ClaimedSum:  16.627.840,157 UnclaimedSum:   1.736.501,290 Percentage Claimed:  90,544%   RewardsWithoutRollover: 16.123.478,00
Period: 44 TotalSum:  18.914.568,727 ClaimedSum:  17.072.386,046 UnclaimedSum:   1.842.182,681 Percentage Claimed:  90,261%   RewardsWithoutRollover: 16.365.331,00
Period: 45 TotalSum:  18.347.312,290 ClaimedSum:  15.779.117,864 UnclaimedSum:   2.568.194,426 Percentage Claimed:  86,002%   RewardsWithoutRollover: 16.610.811,00
Period: 46 TotalSum:  18.702.155,681 ClaimedSum:  15.875.340,008 UnclaimedSum:   2.826.815,673 Percentage Claimed:  84,885%   RewardsWithoutRollover: 16.859.973,00
Period: 47 TotalSum:  19.681.066,426 ClaimedSum:  15.864.770,279 UnclaimedSum:   3.816.296,147 Percentage Claimed:  80,609%   RewardsWithoutRollover: 17.112.872,00
Period: 48 TotalSum:  20.196.380,673 ClaimedSum:  15.671.552,974 UnclaimedSum:   4.524.827,699 Percentage Claimed:  77,596%   RewardsWithoutRollover: 17.369.565,00
Period: 49 TotalSum:  21.446.405,147 ClaimedSum:  14.709.428,430 UnclaimedSum:   6.736.976,718 Percentage Claimed:  68,587%   RewardsWithoutRollover: 17.630.109,00
Period: 50 TotalSum:  22.419.388,699 ClaimedSum:  17.868.287,177 UnclaimedSum:   4.551.101,522 Percentage Claimed:  79,700%   RewardsWithoutRollover: 17.894.561,00
Period: 51 TotalSum:  24.899.955,718 ClaimedSum:  19.337.869,991 UnclaimedSum:   5.562.085,726 Percentage Claimed:  77,662%   RewardsWithoutRollover: 18.162.979,00
Period: 52 TotalSum:  22.350.820,522 ClaimedSum:  17.722.518,594 UnclaimedSum:   4.628.301,928 Percentage Claimed:  79,292%   RewardsWithoutRollover: 17.799.719,00
Period: 53 TotalSum:  23.005.810,726 ClaimedSum:  18.121.776,847 UnclaimedSum:   4.884.033,880 Percentage Claimed:  78,770%   RewardsWithoutRollover: 17.443.725,00
Period: 54 TotalSum:  21.723.152,928 ClaimedSum:  13.793.932,769 UnclaimedSum:   7.929.220,159 Percentage Claimed:  63,499%   RewardsWithoutRollover: 17.094.851,00
Period: 55 TotalSum:  21.636.987,880 ClaimedSum:  14.251.193,359 UnclaimedSum:   7.385.794,521 Percentage Claimed:  65,865%   RewardsWithoutRollover: 16.752.954,00
Period: 56 TotalSum:  24.347.114,159 ClaimedSum:  15.694.471,990 UnclaimedSum:   8.652.642,170 Percentage Claimed:  64,461%   RewardsWithoutRollover: 16.417.894,00
Period: 57 TotalSum:  23.475.331,521 ClaimedSum:  11.735.885,102 UnclaimedSum:  11.739.446,418 Percentage Claimed:  49,992%   RewardsWithoutRollover: 16.089.537,00
Period: 58 TotalSum:  24.420.388,170 ClaimedSum:  12.052.729,637 UnclaimedSum:  12.367.658,533 Percentage Claimed:  49,355%   RewardsWithoutRollover: 15.767.746,00
Period: 59 TotalSum:  27.191.837,418 ClaimedSum:  13.095.872,140 UnclaimedSum:  14.095.965,278 Percentage Claimed:  48,161%   RewardsWithoutRollover: 15.452.391,00
Period: 60 TotalSum:  27.511.001,533 ClaimedSum:  12.516.628,121 UnclaimedSum:  14.994.373,411 Percentage Claimed:  45,497%   RewardsWithoutRollover: 15.143.343,00
Period: 61 TotalSum:  28.936.441,278 ClaimedSum:  13.100.819,558 UnclaimedSum:  15.835.621,720 Percentage Claimed:  45,274%   RewardsWithoutRollover: 14.840.476,00
Period: 62 TotalSum:  29.538.040,411 ClaimedSum:  13.962.901,287 UnclaimedSum:  15.575.139,124 Percentage Claimed:  47,271%   RewardsWithoutRollover: 14.543.667,00
Period: 63 TotalSum:  30.088.414,720 ClaimedSum:  15.060.260,283 UnclaimedSum:  15.028.154,437 Percentage Claimed:  50,053%   RewardsWithoutRollover: 14.252.793,00
Period: 64 TotalSum:  15.575.139,124 ClaimedSum:  11.418.176,457 UnclaimedSum:   4.156.962,667 Percentage Claimed:  73,310%   RewardsWithoutRollover:          0,00
Period: 65 TotalSum:  42.684.274,437 ClaimedSum:  24.649.934,843 UnclaimedSum:  18.034.339,594 Percentage Claimed:  57,749%   RewardsWithoutRollover: 27.656.120,00
Period: 66 TotalSum:  17.571.577,667 ClaimedSum:   7.428.279,976 UnclaimedSum:  10.143.297,692 Percentage Claimed:  42,274%   RewardsWithoutRollover: 13.414.615,00
Period: 67 TotalSum:  31.180.661,594 ClaimedSum:  11.631.103,466 UnclaimedSum:  19.549.558,128 Percentage Claimed:  37,302%   RewardsWithoutRollover: 13.146.322,00

Should bring some light in the dark and explain the last weeks reward hickups.

A few words how I did it:

  1. I cloned all the reward distribution data from the linear github.
  2. Fetched all transactions at the RewardSystem Smart Contract from bscscan.
  3. Marked all claimed rewards and summed everything up.

Easy as that! :smiley: I love this blockchain stuff.

Notes:

  • all data is without warranty, use it with caution!
  • the last two periods are not final because the rewards still can be claimed.

If you have any further questions or you are interested in other / more fine grained data, I will try to provide you more infos.

Hope we can use the current momentum get this DAO thing going.
Best regards!

5 Likes

OH! thx
about 330 million lina
800 million Dollar
IF PUMP 8,000 million Dollar
lets get it

Ok, I don’t understand what you mean:
The total Sum of claimed Rewards over the whole periods is:
865.413.020,94 $LINA → 23.798.858,08 $USD @ 0.0275 $USD
This means the total inflation of the whole staking rewards of the last year is 8,65%
IMO not too much and pretty solid! :slight_smile:

1 Like

Hey Pho, appreciate you doing this, good job!

Whats the average % claimed, about 75% right?

Yep that’s correct: 75,47% on average. But it decreases over time, so we can expect it lower over the next weeks.

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