hello everyone 🙋
🙅"Discover How to Generate $100-1000 in Monthly Passive Income:
A Guide to Calculating Your Daily Earnings (APR) 💰
Hi everyone!
Yesterday, I introduced an exciting opportunity for earning potential ranging from $100 or more, depending on your staking capacity.
🚀 Let me provide further clarification as some of my followers were confused by the terms used in the content.
🔺• Binance Earn offers varying APRs for its products, meaning the rates can fluctuate.
🔺• APR represents the annual percentage rate, indicating the percentage earned per year, not monthly.
🔺• Your rewards accrue daily, eliminating the need to wait for a full year to receive them.
🔺• Rewards are calculated based on the APR.
🔺• This involves flexible staking, allowing you to unstake at any time.
🔺• APR differs slightly from APY (annual percentage yield), where earnings are reinvested automatically to generate more rewards until redemption.
🌐 How to Calculate Your Daily Earnings (APR Calculation Method)
Let's take FDUSD as an example. Binance Earn offers an APR of 11.57%.
Suppose you stake $20,000 in FDUSD. Your daily earnings would be:
$20,000x0.1157 = $2,314 APR (annual reward)🎁
2,314/365 days = $6.339 (daily reward)
6.339x30 = $190.1 (monthly reward)
🏮 Cross-check with the automatic calculation provided in the attached image.
This method applies regardless of the staked amount.💵💵
Note: There may be slight variations due to changes in APR and early reward earnings.🎁
📢 Remember:
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