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Staking in Cardano

Binance

Cryptocoins Exchanges / Binance 285 Views

Can anyone help me how to calculate staking rewards?

For example cardano gives out 7.79% for 60 days staking. How much do i get back a day? Im planning to stake 130 ADA. Small amount as im still new.

Can you tell me if this formula below is correct?

7.79% APY Γ· 365 days : 0.021%

submitted by /u/Ill-Confidence1586
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