Delegation Rewards Distribution for SHEN Holders — Epoch 430
SHEN holders are provided with unique benefits in return for providing collateral to the Djed protocol. These come in the form of a share of mint/burn fees as well as delegation rewards from the deposited ADA in the reserve pool. Top Cardano DEXs and DeFi platforms also give users opportunities to earn farming rewards on their SHEN holdings.
Every epoch (5 days), a snapshot is taken randomly to identify all SHEN holders and the amounts held. Approximately 3–4 epochs (15–20 days) after this, delegation rewards are distributed to the addresses recorded in the snapshot.
Rewards have been calculated for Epoch 430, and we’re happy to share some of the details with you.
Results for Epoch 430
- The snapshot for epoch 430 was taken on August 16th, 2023 at 10:47:37 UTC.
- 11,303.05 ADA have been distributed amongst 2,684 SHEN holders.
- Slot number in epoch 430: 219723
- Absolute slot number: 100616523
As mentioned before, on top of the delegation rewards, SHEN holders can also benefit from APRs offered by various DEXs and DeFi platforms.
Current APRs are:
- Wingriders ADA / SHEN -31.8%
- MuesliSwap ADA / SHEN — 29.13%
- Minswap — ADA / SHEN — 11.65%
- VyFinance — ADA / SHEN — 15.79%
In the spirit of full transparency, we’ll publish regular updates like this to demonstrate the delegation rewards for SHEN holders.
Stay COTI!
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