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'''''Note:''' This article is currently out of date, since the [[Migration]] event. The [[Bytes 2.0 Proposal]] caused major changes to [[Bytes|$BYTES]] tokenomics and effects how yield is calculated.'' | |||
'''Yield''' is provided in Bytes for the next 10 years (subject to change). | '''Yield''' is provided in Bytes for the next 10 years (subject to change). | ||
Byte generation is dependent on your citizen yield. | Byte generation is dependent on your citizen yield. | ||
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Bytes can only be claimed as full numbers. | Bytes can only be claimed as full numbers. | ||
* If your yield is 2 Bytes per day, you will be able to claim 1 Bytes every 12 hours. | * If your yield is 2 Bytes per day, you will be able to claim 1 Bytes every 12 hours. | ||
[[File:Yield | [[File:Yield.jpg|500px|thumb|left|alt=Yield calculation|Yield calculation]] | ||
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==How do I claim $BYTES?== | ==How do I claim $BYTES?== | ||
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* Select option 6. | * Select option 6. | ||
* Click write and approve the transaction. | * Click write and approve the transaction. | ||
This will cost gas so it's preferable to claim your $BYTES during low gas times. | |||
* To optimize yield claiming, ensure you claim as close as possible to a full byte being generated. | * To optimize yield claiming, ensure you claim as close as possible to a full byte being generated. | ||
* As only full $BYTES are claimable, partially-generated Bytes will disappear as the counter is reset from claiming. | * As only full $BYTES are claimable, partially-generated Bytes will disappear as the counter is reset from claiming. | ||
Latest revision as of 13:41, 5 July 2023
Note: This article is currently out of date, since the Migration event. The Bytes 2.0 Proposal caused major changes to $BYTES tokenomics and effects how yield is calculated.
Yield is provided in Bytes for the next 10 years (subject to change). Byte generation is dependent on your citizen yield.
- The longer you citizen is uploaded, the higher your yield increases.
- The rate of increase is an additional 0.0027 bytes per day.
- This will equate to one extra Byte a day after upload is held for a year.
If you download your citizen (disassemble), your yield increase stops.
- If you re-upload your citizen, your yield increase is reset to 0.
- Avoid downloading citizens to ensure maximum yield over time.
How many Bytes have I accumulated?
Go to this link.
- 1.Click on 7.
- 2.Paste in your wallet address.
- 3.Click query.
How is $BYTE yield calculated?
Yield is an additive number calculated by:
- The “creditYield” of your ID.
- The “creditMultiplier” of your vault (optional).
An addition between the yields as per table below will be your daily bytes reward
Bytes can only be claimed as full numbers.
- If your yield is 2 Bytes per day, you will be able to claim 1 Bytes every 12 hours.
How do I claim $BYTES?
Refer to the $BYTES article for information on claiming.
•Go to this link.
- Connect your MetaMask to Web3.
- Select option 6.
- Click write and approve the transaction.
This will cost gas so it's preferable to claim your $BYTES during low gas times.
- To optimize yield claiming, ensure you claim as close as possible to a full byte being generated.
- As only full $BYTES are claimable, partially-generated Bytes will disappear as the counter is reset from claiming.
- E.g. If you have 2.8 $BYTES to claim, only 2 can be claimed while 0.8 would be lost.
Determine when a full $BYTES will be generated can be checked on the following website:
- https://bytestobytes.com/
- Consider gas prices at the time of claiming.