Dai (DAI) staking calculator

The Invezz Dai APY calculator helps you work out how much you can earn from staking Dai. Use the Dai interest calculator to find out what your expected profits could be.
By:
Updated: Jan 13, 2023
Listen to this article

Find out instantly how much DAI interest you could generate by entering your staking amount and how long you want to stake your Dai for. 

Calculate your Dai staking rewards

Results:
Ending balance
of which is reward
Year Reward () Balance ()

How to use our Dai staking APY calculator

The Dai rewards calculator is super simple. Just follow these steps to find out how much you could earn through staking Dai today.

  1. Enter how much Dai you want to stake. You stake as much or as little DAI as you like.
  2. Choose your reward frequency. Put in whether you’re going to receive your rewards daily, weekly, monthly, or annually. 
  3. Enter the interest rate. The rewards rate is an annual rate, even if you receive daily payouts.
  4. Enter how long you want to stake your DAI for. Normally, the longer you lock your money up for, the higher the possible rewards.

And that’s it! The results update automatically as soon as you change any of the details.

Where to stake Dai

Our preferred platform for staking Dai is eToro . It’s a great place to store and keep your money safe while also offering a range of staking and payout options.

1
Min. Deposit
$ 1
Promotion
User Score
10
Buy, Sell, and Trade Cryptocurrencies
Trade over 130 cryptocurrencies with low trading fees
We use state-of-the-art storage technology to protect your cryptocurrency and USD assets
Start Trading
Payment Methods:
ACH, Apple Pay, Debit Card, Wire Transfer
Full Regulations:

How do I stake Dai?

The easiest way to stake DAI is to use a platform like [top-partner] to join a staking pool. The staking platform takes care of the technical side of things for you and pays out your rewards straight into your account at regular intervals, just like how a bank credits a savings account at the end of each month.

Once you’ve chosen a platform and created an account, you usually just need to send your DAI to the built-in wallet. Sometimes you need to actively choose to stake, while with other platforms the Dai is staked automatically.

For example, with Nexo, you start earning interest immediately, as soon as you have DAI in your Nexo account. You then have the option to create fixed-term contracts which pay higher rates for a period of time.

How much can I make by staking Dai?

Use the Dai earn calculator to find out exactly how much you could make. However, in almost every instance staking DAI pays a better rate of interest than keeping fiat currency in a bank savings account.

For example, if you have £1000 in a savings account paying 1% interest, over the course of the year you would earn £10. This is normally paid into your account on a monthly basis.

Dai staking rewards are higher, more flexible, and can be paid out more frequently. For instance, if you spend $1000 to buy DAI and deposit it onto a staking platform, then you may be able to earn significantly more and receive that money on a daily basis. If the DAI reward was 8%, this would be the calculation:

£1000 x 8% APY rewards = £80

£80/365 days = £0.21 per dayusd

Or in Dai;:

1 DAI x 8% APY rewards = 0.08 DAI

0.08 DAI/365 days = 0.0002 DAI per day

You can also choose to adjust your staking amount or withdraw your money at any time without losing out on your rewards. The trade-off is that the price of the coin is more volatile than fiat currency and the value of your holdings can fluctuate dramatically. 

Can I stake other cryptos?

Yes, you can stake lots of cryptocurrencies and spread your money into different platforms to get the best rates, if you like. Here are some other cryptos that offer great staking rewards:

  • Tether. Tether is the best-known stablecoin and is pegged to the USD.
  • USD coin. USD coin is the second largest stablecoin and is pegged to the Dollar.
  • Binance USD. BUSD was launched by the team behind Binance and can be used on the platform to benefit from zero fees.

Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.