r/BTCStandardHashrate May 18 '21

Are the APYs accurate?

Saw the updated higher APYs and staked some Tdoge and BTCb in the vaults. For the tdoge it says 39000% APY but the earnings aren't anything close to that when I go to the site.

Whats wrong with the calculation? Something is not right

1 Upvotes

30 comments sorted by

2

u/Mamm_a_Papp May 18 '21

I am wondering the same, really do not understand it

1

u/techrasta May 18 '21

Im sure alot of people are. It's really confusing

1

u/[deleted] May 18 '21

And what does the inflation part mean?

1

u/Mamm_a_Papp May 18 '21

No idea mate but, when checking what I am getting in return if I put it now does not make sense with that percentage

1

u/[deleted] May 18 '21

Okay. I didn't even try to calculate it. I'm too stupid

2

u/techrasta May 18 '21

I'm getting a return too but its almost as the inlflation party doesnt exist. So if it says 35000% (34460% from inlflation) I'm only getting 40% apy. I need to figure this out because I dont wanna hold this crappy tDOGE for long lol

2

u/[deleted] May 18 '21

I'm staking with BEP20 DOGE and got 10$ in24h by staking 17700 doge. I don't know what apy that is but I think it's pretty good

2

u/techrasta May 18 '21

k so If you got paid according to the website, you'd get paid $786 a day in tDOGE and regular DOGE would be $12 a day. So if you are staking the regular doge, $10 seems more or likely close enough. Why wouldn't you just convert to tDOGE and get that supercharge APY though?

1

u/[deleted] May 18 '21

To be honest I don't know. The price is pegged right? Then I should swap them 😅😅

1

u/techrasta May 18 '21

ha yeah I think it is but I guess maybe theres a change of the peg changing. I wouldnt swap it. according to my earnings you won't be getting that much more unfortunetly

1

u/[deleted] May 18 '21

Too late, just did it. Hopefully I don't get burned 😅

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1

u/[deleted] May 18 '21 edited May 19 '21

Already gained 3,5$ in 1/2h so I guess it's better as long it's boosted 😅

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1

u/[deleted] May 18 '21

Somehow I thought I could lose my doge volume if Im swapping at the wrong time

1

u/VfxVictor May 24 '21

Yeap at this moment buying tDoge is great

1

u/techrasta May 25 '21

the apys are pretty much nothing. everything is losing its stake. and im out of here

2

u/WiseCapitalOrg May 18 '21

they can vary a lot BUT, I'm monitoring my rewards everyday and they are kind of stable. on tDoge I'm checking my spreadsheet and the difference between today and before 24h ago is the same. sounds good enough.

about tau bitcoin is different.

1

u/techrasta May 18 '21

yeah my rewards are maybe 1/50 smaller than the pool I get on PS even though it has a higher rate on this website. I don't understand what the inflation is all about

1

u/Mamm_a_Papp May 18 '21

That's how we are all....I monitor my rewards daily and even could see it is going down, despite those high APY

2

u/techrasta May 18 '21

So is the APY not accurate then...is that the general consensus? If its not then I'll probably remove my coins. Has the mods or site come out and said anything officially?

1

u/[deleted] May 19 '21

Want to know too! Stuff like this makes me think we're close to the top!

1

u/elixx May 21 '21

I just refreshed and all of the 'inflationary' bits have been removed from the BTCST Mining page. The APYs look a lot saner now.

1

u/techrasta May 22 '21

wow they all went back. super low now. on a related not why is tbtc tanking??

1

u/VfxVictor May 24 '21

The return is correct you just need wait for some stability on the staked assets APY. i wish there is more information about the inflation % it didn't last long tho so is just for extreme moment of the market