Formula for APY

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

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