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๐Ÿ™…"Discover How to Generate $100-1000 in Monthly Passive Income:

A Guide to Calculating Your Daily Earnings (APR) ๐Ÿ’ฐ

Hi everyone!

Yesterday, I introduced an exciting opportunity for earning potential ranging from $100 or more, depending on your staking capacity.

๐Ÿš€ Let me provide further clarification as some of my followers were confused by the terms used in the content.

๐Ÿ”บโ€ข Binance Earn offers varying APRs for its products, meaning the rates can fluctuate.

๐Ÿ”บโ€ข APR represents the annual percentage rate, indicating the percentage earned per year, not monthly.

๐Ÿ”บโ€ข Your rewards accrue daily, eliminating the need to wait for a full year to receive them.

๐Ÿ”บโ€ข Rewards are calculated based on the APR.

๐Ÿ”บโ€ข This involves flexible staking, allowing you to unstake at any time.

๐Ÿ”บโ€ข APR differs slightly from APY (annual percentage yield), where earnings are reinvested automatically to generate more rewards until redemption.

๐ŸŒ 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)๐ŸŽ

2,314/365 days = $6.339 (daily reward)

6.339x30 = $190.1 (monthly reward)

๐Ÿฎ Cross-check with the automatic calculation provided in the attached image.

This method applies regardless of the staked amount.๐Ÿ’ต๐Ÿ’ต

Note: There may be slight variations due to changes in APR and early reward earnings.๐ŸŽ

๐Ÿ“ข Remember:

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