温馨提示：本站仅提供公开网络链接索引服务，不存储、不篡改任何第三方内容，所有内容版权归原作者所有
AI智能索引来源：http://www.bee.com/vi/37023.html
点击访问原文链接

Staking APY up to 22037%? Quick calculation reveals USUALs mathematical magic | Bee Network

进入原网站 导航首页
Staking APY up to 22037%? Quick calculation reveals USUALs mathematical magic | Bee Network Login Tin tức thịnh hành Nền tảng khởi chạy meme Các tác nhân trí tuệ nhân tạo (AI) DeSci TopChainExplorer Dành cho Newbee Tiền xu 100 lần Trò chơi Ong Trang web cần thiết ỨNG DỤNG Phải Có Người nổi tiếng về tiền điện tử DePIN Tân binh cần thiết Máy dò bẫy Công cụ cơ bản Trang web nâng cao Trao đổi Công cụ NFT CHÀO, Đăng xuất Vũ trụ Web3 Trò chơi Ứng dụng phi tập trung (DApp) Tổ ong Nền tảng phát triển QUẢNG CÁO Tìm kiếm Tiếng Anh Nạp xu Đăng nhập Tải xuống Đại học Web3 Trò chơi Ứng dụng phi tập trung (DApp) Tổ ong QUẢNG CÁO trang chủ•Phân tích•Staking APY up to 22037%? Quick calculation reveals USUALs mathematical magic Staking APY up to 22037%? Quick calculation reveals USUALs mathematical magicPhân tích1 năm trước (2024)发布Wyatt 38.6591 20

Bản gốc | Odaily Planet Daily ( @OdailyTrung Quốc )

Tác giả: Azuma ( @azuma_eth )

Usual (USUAL), a new stablecoin, has performed well recently. While the price of the coin continues to rise, the amazing yields offered by USUALs official staking channels have also attracted the attention of a large number of users.

As shown in the figure below, information on Usual’s official website shows that the current real-time APY for staking USUAL is as high as 22037%.

Odaily Note: Staking USUAL can unlock governance rights and obtain 10% of newly issued USUAL, which is also the source of USUAL staking income.

After clicking on the pledge homepage and entering the pre-deposited USUAL amount, the calculation simulation result is exaggerated and more intuitive – assuming that 10,000 USUAL are pledged, it is expected that 2,203,752 USUAL can be obtained in a year, and 6,037 USUAL can be obtained every day…

When many users first saw these numbers, their reaction was “Isn’t this just picking up money?” But is this really the case? Below, we will uncover the magic of USUAL’s staking yield numbers through a series of calculations.

APR vs APY The older generation of DeFi players may be more aware that although APR and APY, two seemingly similar indicators, are often used to measure the returns of mật mãcurrency investments, the actual impact on returns is very different.

Nói ngắn gọn, APR does not take into account the effects of compound interest, while APY does incorporate the effects of compound interest into its calculations, which usually results in the APYs returns often appearing to be higher.

For example, if you deposit $1,000 into a pool with an APR of 100%, your income after one year will be $2,000; but assuming that the pool uses a daily compounding mechanism, that is, the interest is calculated and reinvested every day, then your income after one year will be approximately $2,718, corresponding to an APY of 171.8%.

The conversion between APR and APY can be calculated based on the following consensus, where n is the frequency of compounding. If daily compounding is adopted over a one-year period, n is 365.

APY = (1 + APR/n)^n – 1  

USUALs math magic Back to the USUAL staking scenario, the 22037% here is the APY income, and the official clearly mentioned that it will be automatically compounded every day.

According to the formula in the figure above, APY is 22037%, n is 365, and the APR calculation result is 543.65%, corresponding to a daily yield of approximately 1.49%.

Some friends may ask, USUALs pledge mechanism clearly provides a daily compounding mechanism, why should it be ignored? The reason is that under the compounding model, daily income will gradually increase as the timeline lengthens, and when evaluating shorter-term yields, APR figures are actually more reliable.

Let’s take the example mentioned in the previous article, “Assuming 10,000 USUALs are pledged, it is expected that 6037 USUALs can be obtained every day within one year”.

If the deposit is really completed for a full year, the calculation result is indeed valid if the APY remains unchanged. However, in reality, after the user pledges 10,000 USUAL, he will not receive 6,037 USUAL in equal amounts every day.

The reality is that after a user stakes 10,000 USUAL, he will only receive about 149 USUAL on the first day. After that, the daily income will gradually increase with compound interest, because the pledged principal will continue to grow with the reinvestment, and the number 6037 is only the daily average over a one-year cycle – note that all of this is based on the premise that APY remains unchanged.

Potential risks Putting aside users who make long-term pledges for other reasons, if you rush to buy coins and pledge just because of the high interest rate of 22037%, please be sure to understand the following risks.

Eliminate the risk of pledge wear and tear Điều đáng nói đến là USUAL’s unstaking requires a mandatory 10% fee, which means that based on a daily yield of 1.49%, it will take at least a week for users to recover the 10% unstaking cost after staking.

Risk of increasing pledge scale The scale of USUAL staking may further expand, thereby diluting the yield.

The current scale of USUALx (staking version of USUAL) is about 26 million, corresponding to about 27.81 million USUAL stakes; the initial circulation supply of USUAL is 494.6 million, and Binance has not yet opened USUAL withdrawals. This means that the scale of USUAL staking is expected to have a large room for growth, which may seriously dilute the real-time yield of the staking pool.

Risk of currency price decline We cannot predict the market, but the current buying attracted by high interest rates may be an important buying force for USUAL.

All the above calculations are based on the USUAL currency standard. If the downward risk of the currency price is taken into account, there is a possibility that the actual return may be greatly reduced or even the principal may shrink.

This article is sourced from the internet: Staking APY up to 22037%? Quick calculation reveals USUALs mathematical magic

Phân tích #Tiền mã hóa ## định nghĩaThị trường #© 版权声明Mảng 上一 hình ảnh Bitcoin briefly fell below $100,000. Is this a farewell to the bull market or a good opportunity to buy at the bottom? 下一 hình ảnh AICell: The future of intelligent collaboration and decentralized civilization 相关文章 HBAR Drops 10% with Growing Short Positions in Futures Market Zhangming Luo 33.904 2 Leading mining pools and computing power ecosystems join the Psy Protocol testnet to jointly build a next-generation PoW smart contract platform. 6086cf14eb90bc67ca4fc62b 16.077 The B-side of Binance’s Alpha Model 6086cf14eb90bc67ca4fc62b 23.472 1 NóngBloomberg Chief Financial Writer: The premium of US stocks involving cryptocurrencies is staggering? What can retail inv 6086cf14eb90bc67ca4fc62b 25.960 7 Follow the clues, guess what projects a16z with $15 billion will invest in? 6086cf14eb90bc67ca4fc62b 11.786 2 Nghiên cứu Mankiw Web3: Những dự án tiền điện tử nổi tiếng nào đã có mặt tại Singapore, một điểm đến phổ biến ở nước ngoài? 6086cf14eb90bc67ca4fc62b 39.699 2 1 bình luận Bạn phải đăng nhập để co thể để lại một lơi nhận xét! Đăng nhập ngay lập tức muran Khách mời 化工

10 tháng trước Bài viết mới nhất Did Jane Street “Manipulate” BTC? Decoding the AP System, Understanding the Power Struggle Behind ETF Creation and Redemption Pricing 9 giờ trước 413 Stop Comparing Bitcoin to Gold—It’s Now a High-Volatility Software Stock 9 giờ trước 546 Matrixport Research: $25 Billion Gamma Unwinding Imminent, Liquidity Yet to Return Behind the Rebound 9 giờ trước 518 ERC-5564: Ethereum’s Stealth Era Has Arrived, Receiving Addresses No Longer ‘Exposed’ 9 giờ trước 462 Hong Kong Regulatory Green Light: Asseto Enables DL Holdings to Achieve Compliance for Two RWA Business Implementations 9 giờ trước 508 Trang web phổ biếnTempoLighterGAIBMáy bay lượnPlanckRaylsBCPokerVooi Bee.com Cổng thông tin Web3 lớn nhất thế giới Đối tác đồng xuCá chép Binance CoinMarketCap CoinGecko Coinlive Giáp Tải xuống Bee Network APP và bắt đầu hành trình web3 Giấy trắng Vai trò Câu hỏi thường gặp © 2021–2026. Tất cả quyền được bảo lưu. Chính sách bảo mật | Điều khoản dịch vụ Tải xuống ứng dụng Bee Network và bắt đầu hành trình web3 Cổng thông tin Web3 lớn nhất thế giới Đối tác CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors Giấy trắng Vai trò Câu hỏi thường gặp © 2021–2026. Tất cả quyền được bảo lưu. Chính sách bảo mật | Điều khoản dịch vụ Tìm kiếm Tìm kiếmTrong trang webOnChainXã hộiTin tức 热门推荐: Thợ săn airdrop Phân tích dữ liệu Người nổi tiếng về tiền điện tử Máy dò bẫy Tiếng Việt English 繁體中文 简体中文 日本語 العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский Tiếng Việt

智能索引记录