Hello,
I would like the rewards for this pool to be better distributed and redistributed between all the other pools because I doubt that the participants in the registrations are the majority of users of the BIFROST protocol. There are currently 41.5K at stake in this pool for 741 bnc + 5 DOT/DAY.
I understand that the participants are perfectly happy, especially if there are only between 1 and around twenty. Taking an average of 20 peoples who put the same amount in this pool, this still makes 780/20 or 39 BNC per person + 0.25 DOT or 11.7 dollars BNC + 1.44 dollars DOT at today's price.
And I doubt there are thousands. At the beginning and over 1 to 3 months ok, but the time has passed now, so reducing the stake rewards from *3 to *4, at least on the BNC and redistributing them proportionally to all the other pools seems to me to be community correct.
There would be 100K + I will at least divide this one by two. In comparison, the closest pool in terms of TVL is the vsDOT-DOT pool with 59K TVL and 53 BNC + 0.63 DOT reward/DAY. The other closest is VDOT-USDT with 111 K TVL for 241 DOT,/DAY. More Three times less than the BNCS pool for a TVL more than twice as much.
I would like to point out that I am not in any of the pools mentioned above, because I am on VDOT and farming on HYDRA. So from my own personal bias I think this pool is getting way too many rewards now that the registration craze is well settled.
Can you review this for the benefit of all protocol stakeholders?