Chainfeeds Introduction:
The actual daily rate of return is approximately 1.49%, and the investment can only be recovered after staking for one week.
Source:
https://www.odaily.news/post/5200606
Article author:
Azuma
Viewpoint:
Azuma: In the summary of USUAL's staking scenarios, 22037% is the APY income, and the official explicitly mentioned that it will be automatically compounded every day. According to the formula, APY is 22037%, n is 365, and the APR calculation result is 543.65%, corresponding to a daily yield of about 1.49%. Some friends may ask, USUAL's staking mechanism clearly provides a daily compounding mechanism, why should it be ignored? The reason is that under the compounding model, the daily income will gradually increase as the timeline lengthens, and when evaluating short-term income conditions, the APR number is actually more reliable. Take the previous article's "Assuming that 10,000 USUALs are pledged, it is expected that 6037 USUALs can be obtained every day within one year" as an example to expand briefly. If it is really kept for a full year, the calculation result is indeed valid if the income situation remains unchanged, but in fact, after the user pledges 10,000 USUAL, he will not receive 6,037 USUAL in equal amounts every day. The truth is that after the user pledges 10,000 USUAL, he will only receive about 149 USUAL (daily yield of 1.49%) on the first day, and then the daily income will gradually increase with compound interest, because the pledged principal will continue to grow with the reinvestment, and the number 6037 is only the daily average under the one-year cycle - Note that all this is based on the premise that the income situation remains unchanged. Potential risks: It is worth mentioning that the unstaking of USUAL requires a mandatory 10% fee, which means that based on a daily yield of 1.49%, it will take at least one week for the user to recover the 10% unstaking cost after staking. The scale of USUAL staking may further expand, thereby diluting the yield. The current scale of USUALx (staking version of USUAL) is about 26 million, corresponding to about 27.81 million USUAL stakes; the initial circulation supply of USUAL is 494.6 million, and Binance has not yet opened USUAL withdrawals. This means that the scale of USUAL staking is expected to have a large room for growth, which may seriously dilute the real-time yield of the staking pool. In addition, we cannot predict the market, but the current purchases attracted by high interest rates may be an important buying force for USUAL.
Content Sources 
