Memestaking
  • 😀Introduction
    • What are Meme Coins
    • Impact of Meme Coins
    • Need for Memestaking
  • 🐶Memestaking's Role
    • Mission and Vision
    • Supporting and Revitalizing
  • 🐸Staking Mechanism
    • How Memestaking Works
    • Supported Networks
    • Supported Meme Tokens
    • Calculating APR
    • Example Calculation
  • 🐰Tokenomics
    • Token Utility
  • 🐗Roadmap
    • Roadmap
  • 🙉FAQs
    • FAQs
Powered by GitBook
On this page
  1. Staking Mechanism

Example Calculation

PreviousCalculating APRNextToken Utility

Last updated 9 months ago

Let's calculate the APR for staking the Squid Game token on Memestaking. Assume the following for the Squid Game token:

  • Total Market Cap: $3.33M

  • Liquidity: $173.20K

  • Circulating Supply: 9.39B

  • Holders: 6.01K

  • Total Staked Value: $1.86M

  • Total Annual Rewards: 10,000,000 $MES

  • Qualifying Criteria Met: Existence >1 year, >500 holders, liquidity pool locked (qualifies for a 3x multiplier)

Base APR Calculation:

BaseAPR=(10,000,0001,860,000)×100=537.63%{Base APR} = \left( \frac{10,000,000}{1,860,000} \right) \times 100 = 537.63\%BaseAPR=(1,860,00010,000,000​)×100=537.63%

Applying the Multiplier:

FinalAPR=Base APR×Multiplier=537.63%×3=1612.89%{Final APR} = \text{Base APR} \times \text{Multiplier} = 537.63\% \times 3 = 1612.89\%FinalAPR=Base APR×Multiplier=537.63%×3=1612.89%

In this example, the final APR for staking the Squid Game token, considering the multiplier, would be 1612.89%. This high APR reflects the token's quality and the rewards stakers can expect by participating early and staking more tokens.

🐸