$PUSS Staking || What is the current APR?
Greetings to everyone in the Tron Fan Club. Today I will discuss the current APR for staking $PUSS. It is important to know that this apr is dynamic and some factors affects this.
I had 2,058,171.36 PUSS staked yesterday, which amounts to 14400$ at current market price (0.007$).
In the post I published yesterday, I received an upvote of 47.68$. The author reward is 50%, so I will get 23.84$. If it is possible to post daily, the total reward yearly would be 8700$. So the calculated direct APR is 60.42%!. This is APR, not APY. This means if the reward is compounded, the total return can be more than 70%. But there are some factors to consider.
First one is the price of PUSS. The APR is inversely proportional to the price of PUSS.
The APR is also inversely proportional to the total amount of PUSS staked.
Another important factor is the price of Steem. If SBD is unlocked, the APR will be boosted.
The APR may also change if the policy is changed by the PUSS foundation.
Great post you have shared about puss staking, great initiative from you