How are staking rewards calculated and paid?
Staking rewards are calculated using the Annual Percentage Yield (APY) which is shown in your account in real-time for each cryptocurrency. The APY can fluctuate over time depending on the blockchain protocols. To calculate staking rewards, we use the lowest number of cryptocurrencies you owned during a given day, multiplied by the current APY for a given asset on a pro-rata basis.
As soon as you sell or withdraw a cryptocurrency, you stop accruing staking rewards from that moment on.
Staking rewards are calculated daily, so you can monitor them in your staking dashboard, and are paid out to your account every week on Monday in the form of cryptocurrency.
As soon as you sell or withdraw a cryptocurrency, you stop accruing staking rewards from that moment on.
Staking rewards are calculated daily, so you can monitor them in your staking dashboard, and are paid out to your account every week on Monday in the form of cryptocurrency.
Updated on: 06/12/2023
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