RE: Spread!17 Nov 2023 18:08
KR1 also contributed 250,000 DOT to the Interlay crowdloan campaign which will be returned next month too.
If KR1 decide to stake these, using the native staking rate currently at 15% and assuming weekly compounding of rewards, this will generate a total of 40396 DOT rewards in 1 year.
At current price of £5.25 per DOT thats an additional value of $212078
I've noticed our Interlay INTR tokens don't appear on the KR1 cointracking portfolio that is often shared on here.
In addition to backing the crowd loan, KR1 also invested US$269,892 in return for 1,224 Series Seed Shares back in July 2021 and then a further US$509,224 in return for 1,060 Series Seed-2 Shares of Interlay in March 2022.
Our Interlay tokens can also be staked! Maybe they already are?