in staking then these 335% per annum will only be provided if I reinvest every day? and if, for example, I reinvest somewhere once a week; then what will be the annual percentage?
To achieve the APY you need to restake regularly. The calculation formula is as follows. APR= Number of MDX rewards of the day / Total weight of MDX in the lock-up pool *365*100% Number of MDX rewards of the day = Number of MDX rewards of the day / MDX repurchase price APY=(1+APR*weight coefficient/365/100)^365*100%-100%
If you don't compound, you get the APR
and if I assume I will reinvest somewhere once a week, then the annual percentage of income will be somewhere around 200%?
Optimal compound is once a day, 365 times per year. Once a week means 52 times per year. You will get less than the advertised APY and please take note that the APR/APY itself is not constant
Apy is when you compound daily. Apr is annually without compound
It depends on the mdex you stake. The restaking period changes. It can be once a day if you have a lot of mdex but otherwise the cost of restaking can be higher that the mdex you get for the restaked amount
Thank I understand
If cannot compound, definitely will not get the APY, maybe just half of it
the cost of restaking is 0,80 usd and what you get for the interest of the mdex you restake has give you this amount in a year
For some, the APY is just an illusion because they cannot do the compound daily
google mdex calculator and check it. It will tell you the best interval to restake depending on the amount you have staked. You will see it depends on the APY of the moment and the staked quantity. The results matche my calculations.
Here http://mdexcalculator.monkeysoft.com.mx/
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