Is there any way to get historical daily returns, basically trying to understand how the rewards fluctuate and vary also what’s the current direction, are we moving up or down?
A trading view chart would be awesome
Also, The rewards are dependent on the protocol generating revenue and a part is shared to dao/stakers
Can you share the breakup of all the products and how much revenue is generated and how much is allocated for the dao?
I dont want this today, just whenever you folks have time please update the documentation maybe
It would be good for transparency and encourage more people to stake as they can see the revenues and the trends for them.
Yes, it’s possible to have historical daily returns. A graph has been added at the bottom of the page to visualize it https://staking.bonfida.org/
It’s really hard to keep track of where the rewards are coming exactly. Rewards come from different protocols on almost every Solana block and there is no efficient way to index transactions on Solana. I guess a way of doing it would be to track the fees that are received by the buy and burn program and check the origin for each of them https://burn.bonfida.org
It’s really hard because it depends on many different things and varies all the time. I guess it can help to look at historical data of the buy and burn, e.g over the last 4 months:
September 2021: 24,990 FIDA
October 2021: 59,735.284FIDA
November 2021: 62,904.16 FIDA
December 2021: 101,451.33 FIDA
Stakers receive 10% of the buy and burn.
Having a better dashboard to visualize this would be a great community project that the DAO could sponsor with a grant.
Just one more thing, who decides the 10%? can the DAO vote and change it later?
also if end the auction for the same service then the revenue of the protocol can fall, maybe can look at some ways to compensate the DAO increase transfer % or some other way