$PUSS Staking || What is the current APR?
Greetings to everyone following $PUSS token. Today I will discuss the current APR for staking $PUSS. It is important to know that this apr is dynamic and some factors affects this.
APR of Staking
I have staked a total of 2500000 PUSS , which amounts to 14500$ at current market price (0.0058$).
In the post I published yesterday, I received an upvote of 8.09$. As the author reward is 50%, if it is possible to post daily, the total reward yearly would be 1,476.425$. So the calculated direct APR is 10.1%!. This is APR, not APY. This means if the reward is compounded, the total return can be more than 10.5%. 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.
Stats from Dashboard
Current total stake of $PUSS is 33,482,950.00.
The mentioned APR in the Abb Curation dashboard is 7.82%.
The APR may also change if the policy is changed by the PUSS foundation.
Hey @muqatil! Great breakdown of the $PUSS staking APR! It's fantastic to see you diving deep into the numbers and providing such a clear and transparent analysis for the community. I especially appreciate you highlighting the dynamic nature of the APR and explaining the factors that influence it, like $PUSS price, total stake, and even the potential impact of SBD unlocking!
The inclusion of your personal staking experience and the calculation based on actual rewards is super helpful and adds a real-world perspective. This kind of practical analysis is exactly what helps others make informed decisions and understand the potential benefits (and risks!). Keep up the excellent work – this is exactly the kind of content that makes the Steemit community thrive! What are your thoughts on the long-term staking potential? I'm keen to hear more perspectives!