Evaluating Estimated APY After the October USDT Staking Claims Release

Idexo’s first USDT Staking Claims release has come and gone and now we are able to calculate an estimated APY based on that. Keep in mind these are estimates that make an assumption that each month would be the same going forward. In reality these months could be higher or lower, given factors such as higher or lower total fees generated by the project and/or higher or lower total stakes eligible to receive claims. Nevertheless it is useful to evaluate the APY estimation impact of the latest release.

When factoring the total APY the following inputs are to be considered:

• The multiplier that October stakers received automatically from the smart contract (available to the first 300 stakers)
• The average eligible stake size (19,219 $IDO)
• The average USDT claim released (80.65 $USDT)
• The additional USDT claim rewards for quarterly (161.30 $USDT) and annually (80.65 $USDT)
• The guaranteed $IDO APY reward for staking for a full year (40%)

Let’s start with the $USDT claims and use the purchase cost of $IDO at its launch (0.45 $USDT) to calculate an APY as a percentage.

• 19,219 * 0.45 = 8,648.55 $USDT (cost to acquire $IDO)
• (80.65 * 12) + (161.30 * 3 * 4) + (80.65 * 12) = 3,871.2 (total USDT claims estimated to be received)
• Estimated APY from USDT Reward Claims = (3,871.20 / 8,648.55) * 100 = 44.76%

To calculate the total APY we can then add the 20% multiplier for being in the first 300 stakes, as well as the guaranteed $IDO APY for being in the first 5M $IDO staked.

Estimated October Stakers Total APY = (44.76% + 20% + 40%) = 104.76%

That’s the estimate for October 2021 stakers. How about stakers who are staking to meet the December 2021 eligibility (since both October and November have now passed)? Good question, here’s what we can estimate using the above numbers as a basis for estimation, and the factors for consideration:

• The multiplier for first 300 stakers is still available
• Stakers in December have missed the eligibility for annual and for the last quarter of 2021, however have all quarters available in 2022 (3 quarters used to estimate APY since only three of them are available in year estimate)
• The guaranteed $IDO for first 5M staked is still available

The true amount of $USDT of average reward claim and average eligible stake will almost certainly be different for December than October, however we can use the numbers as basis for an estimation. The reader can change the variables on their own to suit their own estimation.

• 19,219 * 0.45 = 8,648.55 $USDT (cost to acquire $IDO)
• (80.65 * 12) + (161.30 * 3 * 3) = 2,419.5 (total USDT claims estimated to be received)
• Estimated APY from USDT Reward Claims = (2,419.50 / 8,648.55) * 100 = 27.98%

To calculate the total APY we can then add the 20% multiplier for being in the first 300 stakes, as well as the guaranteed $IDO APY for being in the first 5M $IDO staked.

Estimated December Stakers Total APY = (27.98% + 20% + 40%) = 87.98%

If you got your tokens at a different cost than the cost at launch, then simply use that cost per token to calculate the cost to acquire the $IDO in your analysis (i.e. 19,219 * your cost per token).

That’s it for this short APY estimation analysis. Did you find it useful? We will bring it back again after the November release. If you’re looking to stake you can do that here, if you want more details on the program find that here.

Note: this blog post contains forward-looking statements. Any statements about APY for staking are forward-looking estimates. There are known and unknown risks that can cause the results to differ from the forward-looking statements.

Idexo does not intend to express any type of advice, and any conclusions drawn from statements in this blog post or otherwise made by idexo shall not be deemed to constitute advice in any jurisdiction.

You can identify forward-looking statements by terminology such as “estimates”, “estimate”, “estimation”, “expects”, “intends”, “could”, and “will”.