EnviDa Protocol
  • 🌍About Envida Blockchain
    • Introduction
    • Overview
    • Why EnviDa?
    • How it works?
    • Understanding the EnviDa Blockchain
    • DeFi Essentials
    • The Joint Potential of Blockchain, IOT and AI
  • πŸš™What is DriveMiner?
    • Environmental Tracking Devices
    • The Cost of Mining
    • The Solution of Mining
    • POW Consensus
    • Technical Specs
    • Device Sales and ROI
  • πŸ’°$EDAT Tokenomics
    • Detailed EDAT Tokenomics
    • ICO and Token Listings
    • Token Unlock and Allocation
    • Game Theory
  • πŸ“ˆStaking and Rewards
    • Reward Distribution
    • DriveMining Rewards
    • Validator Rewards
      • Unstaking Penalty
    • Staking Pool Rewards
      • Discounts
    • Data Collection Rewards
      • Stream Payment - Sensors
        • Competition and Arrival
      • Stream Payment - Lidiar
        • Teamwork
      • Pool Bonus
      • Formulas
  • ROI
  • πŸ¦Έβ€β™‚οΈFor Users
    • EnviDa Wallet
    • Driver Experience
    • Data Marketplace
    • DeFi Essentials
    • External Wallets
  • ⛓️Blockchain Architecture
    • Trustless EVM
    • Bridges
    • Runtime Development
    • Cross-Chain Compatibility
    • EnviDa Dex Engine
    • Technical Architecture
    • Scalability
    • Indexer & Explorer
    • Application Security
    • Storage
    • IPLD
    • Governance
    • Liquidity
    • Concensus
    • Runtime Environment
  • πŸ“”API Recipes
    • Account
    • Asset
    • Bag
    • Bundle
    • Market
  • 🌐EnviDa Network Infrastructure
  • ☸️Nodes and Validators
  • 🧠AI & Simulations
  • 🀝Network Referral System
  • πŸ›£οΈRoadmap
  • πŸ“šResources
    • Website
    • Business Whitepaper
    • Github
    • Technical Whitepaper
Powered by GitBook
On this page
  • Formulas
  • Example
  1. Staking and Rewards

Staking Pool Rewards

PreviousUnstaking PenaltyNextDiscounts

Last updated 2 years ago

Description

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).

Token Unlock

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).

APY Considerations

Periodic rate of return (r): 8% Number of compounding periods each year (n): 12 β†’ monthly compound

APY=(1+r/n)nβˆ’1APY = (1 + r/n)ⁿ βˆ’ 1APY=(1+r/n)nβˆ’1

APY = 8.30%

Formulas

Example

Staking Tokens: 1,000

Lock-Up Term
Future Value
Total Return

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

πŸ“ˆ