Shaman Staking APR Gadget

Since the official BakerySwap liquidity pool has been deployed, we were able to pull live GAT price data and use it to display the current APR for staking GAT in the Shaman’s vault (https://alchemytoys.com/shamans-vault).

How does it work? The tool takes all pending rewards to be paid (the 20%) and divides it by all GATs that are eligible to get the reward in that epoch. The result is then shown as APR using the current live GAT price from BakerySwap Liquidity Pool.

Example:

Eligible staked GATs this epoch: 100000 GAT
BNB rewards in this period: 15 BNB
BNB reward for each staked GAT: 15/100000 = 0.00015 BNB
Current GAT price on bakery: 0.01 BNB
Return on investment this period (taking as a basis the current price): 0.00015/0.01 = 0.015 = 1.5%
Days in this period: 2
APR: 1.5 / 2 *365= 273.75%

With the new gadget, every investor can freely decide if staking GAT for BNB is interesting for him/her at this moment and compare it to similar farms and pools for BNB. Chances are, there is no farm paying network currency (BNB) on any network which comes close to the current APR on AlchemyToys. Here is an overview of other farms: https://www.coingecko.com/en/yield-farming

Not financial advice! Do your own research!

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Background information

Gat Network is a web of connected NFT trading & gaming projects – launched in early 2021 by a fully transparent team/company in Germany.

The team is honored to have joined the Binance Labs Incubation Season 3

We have already launched several projects live on BSC (fully audited):

  • Assets Exchange Minted Vodka – trade anything for anything
  • Alchemy Toys – p2e game
  • Alchemy Arena – p2e game
  • TOY NFTs – collectible NFTs used in all games
  • GAT – limited, deflationary, low-cap, multi-use-case token
  • Game Ace -the world´s first NFT playable as retro video games

GAT Network is funded and has a long-term multichain/ cross-chain vision for NFT trading & gaming centered around GAT and the highly flexible Minted Vodka exchange. We refrain from hypes and pump & dump mentality and concentrate fully on building great technology and on organic growth.

Start here is you want to learn more or watch a Video to get an overview.

 

Contract address GAT: https://bscscan.com/token/0xf315cfc8550f6fca969d397ca8b807c5033fa122

CEX: please check this link for the current CEX listings

Liquidity: Pancake Swap / Bakery Swap

Website: https://gat.network/

Twitter: https://twitter.com/AlchemyToys

Telegram Info: https://t.me/gat_news

Telegram Community: https://t.me/alchemytemple

Litepaper / Whitepaper

Published On: July 19, 2021Categories: Alchemy Toys, GAT