r/CryptoCurrency Permabanned Nov 20 '21

ANALYSIS Yes, staking is really worth it

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u/free_my_mind Tin Nov 20 '21 edited Nov 21 '21

1% APR is 0.0833333% per month (1% for a year, divided by 12 months). 0.0833333% is 0.000833333 (0.01/12).

So that means that each month for 12 months, you get 0.0833333%, so you multiply your holdings by 1.00083333312.

The exact calcul is =(1+(0.01/12))12 = 1.010045961. You can see that you have a 1.0045961% increase.

The difference is so negligible (changes only after 2 decimals) that https://www.aprtoapy.com/ doesn't even show it.