Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who may pay to be displayed in certain positions on certain pages, or may compensate us for referring users to their services. While our reviews and assessments of each product are independent and unbiased, the order in which brands are presented and the placement of offers may be impacted and some of the links on this page may be affiliate links from which we earn a commission. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >
Olympus v2 Staking Calculator: Work Out Interest & Rewards
Find out instantly how much OHM interest you could generate by entering your staking amount and how long you want to stake your Olympus (OHM) for.
Calculate your OHM staking rewards
Copy link to sectionEnding balance | ||
---|---|---|
of which is reward |
Year | Reward () | Balance () |
---|---|---|
How to use our Olympus v2 staking APY calculator
Copy link to sectionThe Olympus v2 rewards calculator is super simple. Just follow these steps to find out how much you could earn through staking Olympus v2 today.
- Enter how much Olympus v2 you want to stake. You stake as much or as little OHM as you like.
- Choose your reward frequency. Put in whether you’re going to receive your rewards daily, weekly, monthly, or annually.
- Enter the interest rate. The rewards rate is an annual rate, even if you receive daily payouts.
- Enter how long you want to stake your OHM 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 Olympus v2
Copy link to sectionOur preferred platform for staking Olympus v2 is Start Trading . It’s a great place to store and keep your money safe while also offering a range of staking and payout options.
How do I stake Olympus v2?
Copy link to sectionThe easiest way to stake OHM is to use a platform like Start Trading 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 OHM to the built-in wallet. Sometimes you need to actively choose to stake, while with other platforms the Olympus v2 is staked automatically once you have some in your account.
For example, with a service like Nexo, you start earning interest immediately, as soon as you have OHM in your Nexo account. You then have the option to create fixed-term contracts which pay higher rates for a period of time.
But there are other platforms, like Binance or eToro, where you can buy a wider variety of coins but staking is either a more active process or the fees for doing so are considerably higher: between 35-45% on eToro or 25-35% on Binance.
How much can I make by staking Olympus v2?
Copy link to sectionUse the Olympus v2 earn calculator to find out exactly how much you could make. However, in almost every instance staking OHM 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.
Olympus v2 staking rewards are higher, more flexible, and can be paid out more frequently. For instance, if you spend $1000 to buy OHM 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 OHM reward was 8%, this would be the calculation:
$1000 x 8% APY rewards = $80
$80/365 days = $0.21 per day
Or in Olympus v2:
1 OHM x 8% APY rewards = 0.08 OHM
0.08 OHM/365 days = 0.0002 OHM 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.