How Do You Calculate Staking Rewards on Ethereum (ETH), Polkadot (DOT), and Solana (SOL)

When it comes to protocol staking, the most commonly asked questions are about what the actual reward rate is for securing the network. Inconsistencies between protocols calculating the staking rewards rate with or without compounding have led to confusion around the actual rate. Furthermore, depending on where you look up the rewards rate, you will find various percentages. At Figment, we believe in making the invisible visible. In alignment with this, we developed our Rewards Rate API to index our own on-chain data to provide a single source of truth. Leveraging our Rewards Rate API, one of several APIs that make up our complete staking solution for builders, stakers, and institutions alike. We developed version one of the Rewards Calculator.

Stay tuned for upcoming features and additionally supported networks. Please reach out to [email protected] if you have any staking inquiries.

Rewards Calculator Full Guide – https://www.youtube.com/watch?v=CmEAwOyMzqc

– Helpful Links –
Figment Website – http://bit.ly/3iQULVB
Rewards Calculator – https://bit.ly/3BkFaUI
Figment Supported Protocols – https://bit.ly/3FcNZ41

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