Monthly XTZ Staking Program
Starting from 2020/07/13 at 00:00 AM UTC, Orex will begin taking live snapshots of user XTZ balances.
XTZ Staking distribution will be calculated as follows:
XTZ generated by each user = Total XTZ staking rewards received by Orex * User XTZ holdings ratio.
User XTZ holdings ratio = Average user XTZ holdings / Average total XTZ staked by Orex.
Users must hold at least 1 XTZ in order to qualify for staking rewards.
The initial distribution of XTZ staking rewards will be calculated through to 2020/08/30, with the total amount distributed equal to the staking rewards accrued during the period.
XTZ rewards are calculated daily and distributed monthly. Distributions will be completed before the 20th of each month, with the first distribution completed before August 20th.