🧮Stake Reward Matrix

You can use the Staking Calculator in the https://t.me/printminingbot to gauge estimated returns

There are automatic calculations in the @printminingbot that provide guidance on how much the miners are earning, and an APY figure to give users an idea on how they can estimate earning through staking $PRINT.

In this section we will cover how this information is calculated.

There are many dynamic variables that go in to these calculations, so by providing the equations you can use real-time data to follow the estimates provided by the @printminingbot and have the ability to calculate your own estimated rewards from staking.

How are estimates on earnings calculated?

Estimates on earnings are pulled directly from the Mining pool which we mine through.

Earnings are influenced by mining difficulty, meaning more hash or less hash is required to solve and earn rewards. When difficulty is high you can expect less token rewards for the same hash output and when difficulty is low you can expect more token rewards for the same hash output.

Earnings are also influenced by the value of the token being mined. If the token value increases, so do the earning estimates as you are gaining more $ value per token reward. If the token value decreases, so do the earning estimates as you are gaining less $ value per token reward.

Increased mining difficulty = Less tokens mined

Decreased mining difficulty = More tokens mined

Increased token value = More $ per token

Decreased token value = Less $ per token

How are estimates on staking rewards calculated?

Estimates on the $PRINT staking APY is calculated using a small set of variables, however these variables are dynamic.

Data points required are;

1. How many $PRINT tokens are already staked in the pool

2. What is the estimated monthly pool rewards (provided in the @printminingbot)

3. How many $PRINT tokens you will be staking

4. The average buy price of the $PRINT tokens (Derived using the live market cap of $PRINT)

For your own individual APY you would use your average buy price of the token

As an example to calculate how much we might earn by staking, we will use the following numbers:

1. 1,000,000 $PRINT tokens already staked in the pool

2. $3,000.00 USD monthly estimated rewards

3. 100,000 $PRINT tokens to be staked

4. Average buy price of 6 cents USD ($600,000.00 $PRINT market cap)

(Note: Step 1. Assumes the user is not yet staked. If you are already staked, divide your $PRINT stake by the total pool for "b" and proceed to Step 3.)

Step 1. 1 + 3 = a (This gives total $PRINT staked plus how much $PRINT you will stake)

Step 2. 1 / a = b (This gives your % of the total $PRINT staked)

Step 3. 2 * b = c (This gives your estimated stake rewards from the monthly pool)

Step 4. c * 12 = d (This gives your estimated stake rewards for the year)

Step 5. 3 * 4 = e (This gives the cost value of the $PRINT that has been staked)

Step 6. d / e = f (This gives the reward to initial buy ratio)

Step 7. f * 100 = "APY %" (This gives the APY in percentage)

Using the above calculation sequence we will use the data points to show how each step looks:

Step 1. 1 ,000,000 + 100,000 = 1,100,000 (Total $PRINT staked plus how much $PRINT you will stake)

Step 2. 100,000 / 1,100,000 = 0.09 (Your share of the total $PRINT staked)

Step 3. 3,000 * 0.09 = $272.72 (Your estimated stake rewards from the monthly pool)

Step 4. 272.72 * 12 = $3,272.72 (Your estimated stake rewards for the year)

Step 5. 100,000 * 0.06 = $6,000 (The cost value of the $PRINT that has been staked)

Step 6. 3,272.72 / 6,000 = 0.54 (The reward to initial buy ratio)

Step 7. 0.54 * 100 = 54% (The APY in percentage)

The $6000.00 worth of $PRINT staked for an entire year at this 54% APY level would generate $3272.64 in rewards.

However, do note that the every variable is dynamic. The more miners that are added, the more rewards that become available. The more stakers that join the pool, the more rewards need to be shared.