dbxen question?

timDrake

I'm going to dca in to dbxen stake on eth chain is there's fee calculate to tell me how much I'm going to make i don't care if it $0.50 or $0.30 a day just need a estimate on how much.

MoneyMachine

timDrake
Right now, for 1000$ you get between 3.5$ to 5$ depending on the cycle and how much ETH is shared between the stakers
3.5$ - 5$ is around 2.7ETH - 3.5ETH that is shared between stakers

I also DCA'ing with my divs every week.

s3py

It depends. Currently there's total 1,975,693 dxn staked so your daily share would be (ProtocolFees x YouDXN)/TotalStakedDXN ProtocolFees change each day, minimum nowadays is 1 eth, today it was 2.7. so for example if you have 2000 DXN and daily fees amounted to 2 eth your share that day would be 2000 x 2/1,975,693 = ~ 0.0002 ETH ~ $4.5 The staked amount varies, each day ~ 5,500 new DXN is minted, most of it is staked so your share might go down with time beacuse of that