Exorium Guide
  • 🟢Introduction
  • âš«Architecture
  • 🟢Governance Model
    • Treasury & Resource Allocation
    • Benefits of Decentralized Governance
    • Future Governance Enhancements
  • âš«Validator
  • 🟢Tokenomics
    • Utility & Use Cases
    • Staking & Reward Mechanisms
    • Sustainability & Growth
  • Getting Started
    • âš«Getting Started
    • 🟢Setup Exorium Network
    • âš«Consensus Engine
    • 🟢Genesis File
      • Example of a Minimal Genesis File
      • Maintenance & Version Control
    • âš«Contributing
    • 🟢Smart Contract
    • âš«ERC721
  • 🟢Roadmap
  • Staking Guide
    • Formula for APY
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  1. Staking Guide

Formula for APY

PreviousStaking Guide

Last updated 2 months ago

The formula to calculate the APY is as follows:

Where:

  • rrr = Annual interest rate (30% = 0.30 in decimal form)

  • nnn = Number of compounding periods per year (in this case, daily compounding, n=365n = 365n=365)

Step 1: Calculate Daily Interest Rate

To find the daily rewards:

Step 2: Calculate Daily Rewards

If a user stakes 100,000 EXR, the daily rewards can be calculated as:

Daily Rewards=Staked Amount×Daily Rate Daily Rewards=100,000×0.0008219178=82.19178 EXR (approximately 82.19 EXR per day)

Step 3: Calculate Annual Rewards

The total rewards for a year can be calculated as:

Annual Rewards=Staked Amount×APY Annual Rewards=100,000×0.30=30,000 EXR

Final Results:

  1. Daily Rewards: ~82.19 EXR

  2. Annual Rewards: 30,000 EXR