dYdX

Reward rate methodology

  • We maintain an internal wallet that has some DYDX staked.

  • Our backend service tracks the beginning balance of the DYDX and USDC rewards at the start of the day.

  • Our backend service tracks the ending balance of the DYDX and USDC rewards at the end of the day.

  • We calculate the daily delta of DYDX and USDC rewards and calculate an annualized reward rate.

  • We calculate an average reward rate of the past 7 days.

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