Staking Pool Rewards
Last updated
Last updated
The main objectives of staking pools is to lock-up tokens in a desired pool and activate Data Collection Bonuses in specific areas. In exchange for locking their tokens, users can get an Annual Percentage Yield (APY) and discounts to buy data collecting products (sensor or lidiar).
Yearly Token Unlock: 900,000 EDAT Monthly Token Unlock: 75,000 EDAT
Staking in Pools will require Lock-Up periods in return for an annual percentage yield (APY).
Periodic rate of return (r): 8% Number of compounding periods each year (n): 12 β monthly compound
APY = 8.30%
Staking Tokens: 1,000
12
1,083.00
83.00
24
1,172.89
172.89
36
1,270.24
270.24
48
1,375.67
375.67
Note: the total stake that can be covered with 1 year token unlock is 831,025.31