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Author Topic: Trust wallet bnb reword  (Read 68 times)
indika (OP)
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July 15, 2021, 04:59:47 AM
 #1

i have 10 bnb and as trust wallet staking calculater i should receive 0.01 bnb daily bui im getting much little amount than that is some error on my side
TryNinja
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July 15, 2021, 05:18:46 AM
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 #2

i have 10 bnb and as trust wallet staking calculater i should receive 0.01 bnb daily bui im getting much little amount than that is some error on my side
Trust Wallet shows 23% APR on BNB. That's 0.063% daily, which should give you 10 * 0.063% = 0.0063 BNB per day. Where are you seeing 0.1% daily (~35.6% APR)?

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indika (OP)
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July 15, 2021, 05:24:21 AM
 #3

i have 10 bnb and as trust wallet staking calculater i should receive 0.01 bnb daily bui im getting much little amount than that is some error on my side
Trust Wallet shows 23% APR on BNB. That's 0.063% daily, which should give you 10 * 0.063% = 0.0063 BNB per day. Where are you seeing 0.1% daily (~35.6% APR)?

in home page reword calculater
TryNinja
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July 15, 2021, 05:31:03 AM
 #4

in home page reword calculater
You mean their website's home page, which are static estimated APRs. The rates you see on the app are the only ones that matter, since they change constantly.

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JeromeTash
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July 15, 2021, 05:46:55 AM
 #5

in home page reword calculater
I just checked my trust wallet app, and it is showing an APR of ~23% (22.47% to be exact at the moment) which is I think a more accurate value than where you are getting your rewards calculations from. Do you mind sharing which site you are using to get the reward estimations from?

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indika (OP)
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July 15, 2021, 06:10:47 AM
 #6

in home page reword calculater
I just checked my trust wallet app, and it is showing an APR of ~23% (22.47% to be exact at the moment) which is I think a more accurate value than where you are getting your rewards calculations from. Do you mind sharing which site you are using to get the reward estimations from?

i just checked trust wallet web site but as mentioned here it should be in app presentage but trustwallet actually paying 8.08 apy for stakers i staked on tw validater im considering to change my validater to some igh return validater

is their any danger loosing funds in other validator
anu1908
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July 15, 2021, 06:41:57 AM
 #7

the risk will be similar. maybe the difference will be on the reliability. don't choose a validator that's unknown or new to the market, especially if their info on socmed is limited to avoid being scammed by them.
JeromeTash
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July 15, 2021, 09:19:44 AM
 #8

i just checked trust wallet web site but as mentioned here it should be in app presentage but trustwallet actually paying 8.08 apy for stakers i staked on tw validater im considering to change my validater to some igh return validater

is their any danger loosing funds in other validator
If you go under stake details, it shows the highest APR by default which is 22.47% right now but yeah the TW staking validator APR is actually 8.08%
Namelix seems to be the highest at 22.47%

There is no danger in loosing your funds except that if you choose and inactive validator, you won't be receiving your rewards. So you will be staking for nothing.

You might wanna read so more risks of staking here just so you are aware https://community.trustwallet.com/t/the-risks-of-staking/672

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pakhitheboss
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July 15, 2021, 10:53:59 AM
 #9

i have 10 bnb and as trust wallet staking calculater i should receive 0.01 bnb daily bui im getting much little amount than that is some error on my side
Trust Wallet shows 23% APR on BNB. That's 0.063% daily, which should give you 10 * 0.063% = 0.0063 BNB per day. Where are you seeing 0.1% daily (~35.6% APR)?

I have seen the APR is not consistent on trust wallet. The wallet shows 23.8% and the website shows 30%. I am not sure why is such an inconsistency? I remember the APR was quite high in the month of May this year, I do not remember what was it now but it was about 40% at that time. It is a possibility that OP might be calculating his returns depending on the previous APR.

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