📈How is the APY calculated?

The formula to calculate the fixed rate upfront yield percentage is based on the inputs the user chooses when interfacing with the Flashstake dapp.

Formula

APR = (return * 31536000) / (deposit * stakeDurationSeconds)

Math Example

Given that a user chooses to Flashstake 10 stETH for 180 days and is set to receive 0.45 wstETH as the upfront yield amount, and if 1 stETH is worth exactly $2,000 then the display may read something like:

Stake 10 stETH ($20,000) for 180 days and instantly receive at least 0.45 wstETH ($900) at 9.125% APR

APR = (900 * 31536000) / (20,000 * 15,552,000) = 9.125%