Staking APYs are calculated depending on the following factors:
- Allocated SKILL reward on the staking pool
- Number of people staking on the staking pool
The rough calculation of what will be earned on a staking pool is below:
Assumption:
- APY is the same per day during the entire duration of distribution days
Reward Per Day = SKILL staked * ((APY%/100) / 365) * Days Staked
- i.e. 50 SKILL staked, 50% APY with 30 days lockup
- Calculation: 50 SKILL stake * ((55% APY / 100) / 365) * 30 Days Staked
- Reward is roughly 2.26 SKILL in 30 days