Example
Reward Calculation Example
Let's walk through a hypothetical example to illustrate how the rewards mechanism works:
Scenario
A user deposits the equivalent of $1,000 into the USDC-USDT vault
They maintain this position for 10 days
The reward rate is 0.01 MGV per dollar per day
Rewards Calculation
Daily MGV rewards = $1,000 × 0.01 MGV/$ = 10 MGV per day
Total MGV rewards for 10 days = 10 MGV × 10 days = 100 MGV
Hypothetical Value Example
IMPORTANT DISCLAIMER: The following calculations use a hypothetical token value for illustration purposes only. This is NOT the actual or projected value of the MGV token. Users should not rely on these figures for investment decisions.
To help understand the magnitude of rewards, let's use a purely hypothetical example value:
Assuming a hypothetical FDV (Fully Diluted Valuation) of $100,000,000:
With total supply of 1B MGV, each MGV would be valued at $0.10
100 MGV earned would be equivalent to $10 in rewards value for 10 days
This would represent an annualized rate of approximately 36.5% APR on the $1,000 principal
Important Notes
The actual value of MGV tokens has not been determined
The example above uses arbitrary values for illustration only
Actual returns will depend on:
The future market value of MGV tokens once transferrable
Changes in total liquidity in the pool
Duration of liquidity provision
Potential adjustments to reward rates
Market conditions and other factors
Last updated