APY
Last updated
Last updated
The annual percentage yield in Vine is calculated by dividing the estimated yearly reward by the current Vine (Vine's native token) holding. The formula is
The estimated yearly reward of the Vine is calculated by multiplying the current reward rate by the amount of VINE being staked and then multiplying that result by the number of days in a year (365).
It is important to note that the estimated annual reward is subject to fluctuations and can be affected by factors such as network conditions, inflation rate, and changes in staking behavior. Additionally, the actual yield may differ from the estimated yield. Hence, it's essential to keep this in mind when calculating the annual percentage yield in VINE.