0 NEAR
The Near staking calculator is a handy tool for estimating the rewards you can earn by staking NEAR tokens. Staking, in the context of cryptocurrencies, involves locking up your tokens to support network operations. In return, you receive a portion of the network’s rewards. The staking calculator helps you determine the potential rewards based on specific parameters.
Formula of Near Staking Calculator
The formula for calculating staking rewards using the Near staking calculator is as follows:
Staking Reward = (Total Staked Tokens * Validator’s Reward Rate * Your Staked Tokens) / (Total Supply of NEAR Tokens)
Let’s break down the terms within this formula:
- Total Staked Tokens: This refers to the total number of NEAR tokens staked in the network. Keep in mind that this value can fluctuate as more people choose to stake or unstake their tokens.
- Validator’s Reward Rate: Each validator or staking pool may have a different reward rate. This rate is typically expressed as an annual percentage, representing the portion of rewards distributed to stakers.
- Your Staked Tokens: This is the number of NEAR tokens you have personally staked.
- Total Supply of NEAR Tokens: This represents the overall supply of NEAR tokens in circulation. It can vary over time due to factors such as inflation and other network dynamics.
Calculator for General Terms
Here’s a table of general terms that people frequently search for when using the Near staking calculator. These terms can be helpful for users, as they provide quick references without the need for manual calculations.
| Term | Description |
|---|---|
| APY (Annual Percentage Yield) | The estimated annual return on your staked NEAR tokens. |
| Delegator | An individual who stakes NEAR tokens by choosing a validator to represent them. |
| Undelegate | The process of withdrawing staked tokens from a validator. |
| Lockup Period | The duration for which your tokens are locked when staking. |
| Yield | The return on your staked tokens, expressed as a percentage. |
Example of Near Staking Calculator
Let’s put this formula to use with a practical example. Suppose you have 1,000 NEAR tokens staked, the total staked tokens in the network are 10,000,000 NEAR, the validator’s reward rate is 12%, and the total supply of NEAR tokens is 1,000,000,000 NEAR.
Using the formula:
Staking Reward = (10,000,000 * 12% * 1,000) / 1,000,000,000
Staking Reward = (1,200,000) / 1,000,000,000
≈ 0.12 NEAR
In this example, you can expect to earn approximately 0.12 NEAR as a staking reward.
Most Common FAQs
NEAR staking is the process of locking up NEAR tokens to participate in network security and governance. Stakers are rewarded for their contribution to the network’s stability.
To stake NEAR, you need to select a validator, an entity responsible for validating transactions on the NEAR network. You can choose a validator based on their reputation, rewards, and performance.
While most staking platforms have a lockup period, you can usually unstake your tokens when the period ends. Be sure to check the specific terms of the validator you choose.
