๐จ๐จ๐จ๐จ๐จHow to Calculate Your Daily Rewards (APR)๐จ๐จ๐จ๐จ๐จ
๐ข๐ข๐ข๐ขSave Your Money And Earn More And More๐ข๐ข๐ข
โ ๏ธโ ๏ธโ ๏ธ Zero % Risk To Loose Your Moneyโ ๏ธโ ๏ธโ ๏ธ
๐ข Make $100-1000 Passive Income Monthly:
Hey guys! I shared an amazing earning opportunity yesterday where you can earn up to $100 or more depending on your staking capacity.
๐ I want to further clarify the post as some of my followers got confused with the terms in the content.
โข Binance Earn is offering dynamic APR for their various products (this means that the APR can change, decrease, or increase).
โข APR stands for annual percentage rate. That's the percentage you're seeing is per year, not monthly.
โข Your rewards are earned daily; you don't have to wait an entire year to earn a reward.
โข Rewards are being calculated according to the APR.
โข This is flexible staking, meaning you can unstake at anytime.
โข APR is slightly different from APY (annual percentage yield). Here, your earnings are reintroduced to the pool to earn more rewards automatically until they are redeemed.
๐ How to Determine Your Earnings Daily (How to Calculate APR)
Using FDUSD as an example. Binance Earn is offering 11.57% APR here.
Let's assume you're staking $20,000 in FDUSD. Your daily earnings are:
$20,000x0.1157 = $2,314 APR (one-year reward)
2,314/365 days = $6.339 (daily reward)
6.339x30 = $190.1 (monthly reward)
๐ฎ Check if it corresponds with the automatic calculation we have in the attached image.
This is how to calculate the APR, irrespective of the amount staked.
NB: There might be slight changes when the APR changes and due to earnings from your early rewards.
๐ข Remember: Your generous tips โค๏ธ will help us in researching more opportunities.
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