How can I calculate my staking rewards on Harmony?

3 answers

• ADHITHYA VEERAMALAI MANICKAM CApr 17, 2023 · 3 years ago
  To calculate your staking rewards on Harmony, you can use the following formula: staking rewards = (total staked tokens / total supply) * annual reward rate For example, if there are 1,000,000 tokens staked out of a total supply of 10,000,000 tokens, and the annual reward rate is 10%, the staking rewards would be (1,000,000 / 10,000,000) * 10% = 0.1%. Keep in mind that this is just a simplified example, and the actual calculation may involve additional factors such as validator performance and network fees. Remember to check the official documentation or reach out to the Harmony community for more accurate and up-to-date information.
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• opulenceJul 27, 2024 · 2 years ago
  Calculating staking rewards on Harmony is a straightforward process. You need to know the total staked tokens, the total supply, and the annual reward rate. By using the formula (total staked tokens / total supply) * annual reward rate, you can determine your staking rewards. It's important to note that the actual calculation may be more complex due to factors such as validator performance and network fees. If you need more accurate information, I recommend checking the official documentation or reaching out to the Harmony community for assistance.
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• sukesh sApr 29, 2022 · 4 years ago
  Calculating staking rewards on Harmony is quite simple. Just divide the total staked tokens by the total supply and multiply it by the annual reward rate. This will give you an estimate of your staking rewards. However, keep in mind that the actual rewards may vary depending on various factors such as validator performance and network fees. If you want a more accurate calculation, it's always a good idea to refer to the official documentation or consult with the Harmony community.
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