The SUPER Annual Percentage Return (APR) varies between 300-1000%, today (Jan 25, 2022) it is 598%.
To see the SUPER pool APR today, click HERE.
NFTx owns & controls the pool. Collin Dyer (collin.eth), began the pool, & presently is providing ONLY 40% of the liquid in the pool [thus earning 40% of the fees]. BUT Collin CAN'T RUG BECAUSE:
NO ONE PERSON CAN DRAIN ALL LIQUID FROM THE POOL!!
Staking is open to the public; 60% of the staked SUPER liquid is by other people (go HERE to stake). SUPER is a robust pool supported by multiple wallets, even if collin.eth pulls all liquid (40%), buying & selling SUPER would still work just fine.
As the floor price of SuperRare art rises, the SUPER token is expected to rise with it, due to the redemption function. This is because when the price of SUPER is LOW (less than the floor price on SuperRare), buyers can profit by buying and moving them from the pool to the SuperRare platform or the SuperRare OS gallery. This is called "arbitrage."
On the other hand, if the price of SUPER is HIGH (relative to the SR floor-price) buyers can profit by purchasing works from the SR platform or OS gallery & selling them into the pool (when gas is low). This is another form of arbitrage.
Today, Jan 25, there are 23 NFTs in the pool. Changes daily.
Check HERE to see recent buys/sells/trades on NFTx.
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