MultiversX Tracker is Live!

Is the BNB staking APY (%) variable once you staked it? (Trustwallet)

Binance

Cryptocoins Exchanges / Binance 265 Views

Is the BNB staking APY (%) variable once you staked it? (Trustwallet)

Hey everyone,

As the title says, I was wondering if the APY percentage of the Trust Wallet staking validators changes 'after' you staked it. I know for a fact that the percentage is variable and fluctuates a lot over time, sometimes it goes up massively ie. 45% and sometimes drops to 12%.

Just to clarify and put it into perspective, if you look at the picture below you can see that the 'Legend' validator has a staking APY of 18.85% and I got over 8 BNB already staked in it at that rate of yield. Would 'my' Annual Percentage Yield stay fixed even if the overall percentage goes up or down? Thank you for your answers.

https://preview.redd.it/7peujfrr1a471.png?289&format=png&auto=webp&s=6b7008a75172fae8b469846fef0bae9a59f8011b

submitted by /u/InvestorLegend
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments