MultiversX Tracker is Live!

Staking ADA not correctly rewarded?

Binance

Cryptocoins Exchanges / Binance 260 Views

Staking ADA not correctly rewarded?

Hello.

So I staked ~282.67 ADA on 30th June for 7 day at 17.7% APY. If my math is correct, this should result in ~9.72 ADA as reward. That means I should have ended up with 282.67 + 9.72 = 292.39. But I only have ~285.16. Please do correct me if my math is off.

Thanks

17.7% / 12 months = 1.475% / month
1.475 / 30 days = 0.0491% / day
0.0491% * 7 days = 0.3441%
282.67 * 0.003441% = 9.72 ADA

282.67ADA @ 17.7% APY

ADA balance after stake

submitted by /u/dukflee
[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