Yield??

[Harris]

Have a question about yield
I know its profit divided by amount staked
So for example 49 staked and profit back is 12.12 would be 12.12/49 which comes back as 0.247% on calculator. Do I need to move the decimal? Is this actually 24.7% yield or 2.47% thanks

[Harris]

The other one is Total staked 27
Return 2.29. What would that be

Cheers

[admin]

Hi Harris,

You can express the result in two ways:
12.12/49 = 0.247
or
12.12/49 = 24.7%

So the yield is 24.7% if you want to express it as a percentage. If you want to express it without percentage symbol it would be 0.247. Recall that 1% = 0.01.

For your second example you can express the yield as
2.29/27 = 0.0848
or
2.29/27 = 8.48%

You can play around in Excel or some other spreadsheet software. Enter =2.29/27 into a cell. Change the formatting of the cell back and forth between % and standard decimal.

[Harris]

Thanks
Is yield the % of profit returned according to stake

[admin]

Hi Harris,

Yes, the yield is the profit returned relative to the stake.

If the stake is $100 and the profit is $50, the yield is 50% because the profit is equal to 50% of the original stake.

[Harris]

Thanks appreciate it