Between 8:00 PM JST on September 26, 2024, and 2:00 PM JST on September 30, 2024, an error was detected in the distribution formula for ???? points in StakeStone Vault staking. The adjustment will be made at 22:00 PM JST on October 18, 2024. We are taking steps to prevent such issues from occurring in the future.
The display of Symbiotic and Mellow points has been enabled for StakeStone Vault staking. Please note that the update frequency for Symbiotic and Mellow points is once every 24 hours.
For those staking ETH in the Kelp Vault via the Yay! Dashboard, an initial decrease in the staked ETH amount may occur. This is due to the weekly calculation of management fees (2% per annum) and interest by Kelp Vault, which takes place on different days. At times, the management fee may be deducted before interest is applied, leading to a temporary reduction. Over time, the interest rate is designed to surpass the management fee, allowing the staked ETH amount to gradually increase.
Kelp DAO estimates that staked ETH amounts could potentially exceed the original staked value within 2-3 weeks from the start of staking. However, this timeframe is not assured and may vary based on several factors, including market conditions and the timing of fee and interest calculations.
For more details on Kelp staking and the factors that influence your staked ETH, please refer to Kelp DAO’s official page: Kelp Staking Details.
The update frequency for the Eigen Layer has been changed from every hour to once per day.
If you have any questions regarding Yay! staking, please feel free to reach out to us at staking-inquiry@nanameue.jp.
We appreciate your understanding and ongoing support as we continue to strengthen the Yay! ecosystem.