Problem Solved by Egld stake calculator
Estimation of Staking Rewards: Users often want to know how much they can earn by staking their EGLD tokens before committing their funds. This calculator provides an estimate of the rewards based on the amount staked, the annual percentage yield (APY), and the staking duration.
Decision Making: By providing a clear estimate of potential earnings, the calculator helps users make informed decisions about whether to stake their tokens and for how long.
Visualization: The infographics help users visualize the growth of their staked amount over time, making it easier to understand the potential benefits of staking.
How to Use the Calculator
Input the Amount of EGLD to Stake:
Enter the amount of EGLD tokens you plan to stake in the "Amount of EGLD to Stake" field.
Set the Annual Percentage Yield (APY):
Input the expected annual percentage yield (APY) in the "Annual Percentage Yield (APY %)" field. This is the annual rate of return you expect to earn on your staked tokens.
Specify the Staking Duration:
Enter the duration for which you plan to stake your tokens in the "Staking Duration (days)" field.
Calculate Rewards:
Click the "Calculate Rewards" button to compute the estimated rewards and total amount after staking.
View Results:
The calculator will display the estimated rewards and the total amount after staking.
The infographic (bar chart) will visually represent the initial staked amount and the estimated rewards.
Example
Amount of EGLD to Stake: 1000 EGLD
Annual Percentage Yield (APY %): 12%
Staking Duration (days): 365 days
After clicking "Calculate Rewards," the calculator will show the estimated rewards and the total amount after one year of staking. The bar chart will update to reflect these values, providing a visual representation of the potential growth of your staked EGLD.
By using this calculator, you can better understand the potential benefits of staking their EGLD tokens and make more informed decisions about their investments.