What is APR?

1 min. readlast update: 03.20.2023

APR (Annual Percentage Rate) represents the annual percentage income for staking tokens. It is the sum which can be potentially earned over a year without any compounding effect.

 For Example:

You invested 1,000 USDT at 190% APR. That means that at the time of calculation, your income for 1 year can be calculated as follows:

1,000 USDT (the invested sum) x 190 % (APR) / 100 = 1,900 USDT — your 1-year income.

To calculate the daily income, you need:

  1. 190 % (APR) / 365 (days of the year) = 0.52% (your daily income in percentage)
  2. 1,000 USDT (the invested sum) x 0.52 your daily income in percentage) / 100 (also can be counted as 1 000 x 0.52 %) = 5.2 USDT — your daily income in USDT

That means that your 1-year total sum potentially can be:

1 000 USDT (if you unstake your deposit sum) + 1 900 USDT (your income — the sum of APR) = 2 900 USDT.

Keep in mind that the rates are approximate, provided for your convenience only, and in no way represent a guaranteed return. All the mathematical calculations aren’t financial advice.

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