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