Safemoon (SFM) staking calculator
Find out instantly how much SFM interest you could generate by entering your staking amount and how long you want to stake your Safemoon for.
Calculate your SafeMoon staking rewards
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How to use our Safemoon staking APY calculator
The Safemoon rewards calculator is super simple. Just follow these steps to find out how much you could earn through staking Safemoon today.
- Enter how much Safemoon you want to stake. You stake as much or as little SFM 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 SFM 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 Safemoon
Our preferred platform for staking Safemoon is eToro . 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 Safemoon?
The easiest way to stake SFM is to use a platform like Nexo 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 SFM to the built-in wallet. Sometimes you need to actively choose to stake, while with other platforms the Safemoon is staked automatically.
For example, with Nexo, you start earning interest immediately, as soon as you have SFM 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 Safemoon?
Use the Safemoon earn calculator to find out exactly how much you could make. However, in almost every instance staking SFM 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.
Safemoon staking rewards are higher, more flexible, and can be paid out more frequently. For instance, if you spend $1000 to buy SFM 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 SFM reward was 8%, this would be the calculation:
£1000 x 8% APY rewards = £80
£80/365 days = £0.21 per day
Or in Safemoon:
1 SFM x 8% APY rewards = 0.08 SFM
0.08 SFM/365 days = 0.0002 SFM 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:
- Dogecoin. Dogecoin is the most popular meme coin around.
- Shiba Inu. Shiba Inu is a meme coin dubbed the ‘Doge coin killer’.
- Ape Coin. Ape coin is linked to the Bored Ape Yacht Club.
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