Moonlet Staking & gZIL
Hi All,
I have a small amount of ZIL currently and am looking to invest further, I'm currently staking with Moonlet with the small amount I have but am looking at perhaps investing further to stake -
Are my sums around staking here correct:
1350 USD = 20,000 ZIL (roughly)
20,000 ZIL staked on Moonlet will give approx 3500ZIL per year in rewards (plus anything from the airdrop) PLUS 3gZIL because you've earned 3k from staking.
Meaning that for $1,365 investment in ZIL your yearly ROI is 203USD in ZIL & 260USD in gZIL? Approx 30% returns yearly + whatever you then subsequently compound?
Go to self.zilliqa