How to calculate APR ?
This is from markr.io
Where does APY (Rewards) come from ? (Note: This is normally APR but this site writes APY)
(485,007 PNG / 1,545,000 AVAX )= 0,3138 PNG per AVAX (Weekly)
1 AVAX : 27.14 $
1 PNG: 2,27 $
0,3138 PNG : 0,712 $
(0,712 / 27,14) *100= % 2,62 Weekly
%2,62 * 52 week = %136 yearly, but this is not correct answer
Why?
We need staked amount.
Total PGL supply for this pool is 2,384,532.
Nevertheless, This pool has less PGL than total supply
AVAX-PNG pool has 41,903,075 $
But this amount is not equal to staked liquidity.
Total PGL supply is 2,384,532 but this pool has 2,219,477 PGL.
We calculate staked amount
(2,219,477 * 41,903,075) / 2,384,532 = 39,002,584 staked amount
Now we have staked amount
485,007 PNG * 2,27 $ =1,100,965 $
(1,100,965 / 39,002,584) *100 = %2,82 Weekly
%2,82 * 52 weeks =% 146,7 Yearly
