I'm trying to figure out how to calculate the profit I can make through staking. I want to understand the methodology and factors involved in determining the staking profit.
6
answers
Nicolo
Wed Feb 12 2025
The process of calculating total earnings from staking cryptocurrency involves several inputs.
BlockchainWizardGuard
Wed Feb 12 2025
The formula used for this calculation is A = P * (1 + r/365)^(365t).
amelia_doe_explorer
Wed Feb 12 2025
In this formula, 'A' represents the total earnings from staking.
CryptoWanderer
Wed Feb 12 2025
'P' stands for the initial investment made in the cryptocurrency.
Michele
Tue Feb 11 2025
'r' denotes the annual percentage yield, which is the rate of return earned on the investment.