Staking Information:. All staking returns are calculated in Annual Percentage Yield (APY).
10 Sep 2022, 07:28
Staking Information:
All staking returns are calculated in Annual Percentage Yield (APY). This means your returns is calculated based on how much you earn per year.
Eg: If you stake for 30 days (1 month) for 8% APY returns, do not expect 8% returns after 30 days. What you get is 8% ÷ 12 months = 0.66667% after 30 days.
So guys, do understand what APY means before you stake. Thanks!