How Are My Staking Rewards Calculated?
Staking rewards on Pluang accrue daily. The illustrative formula is (Staked Quantity + Unstaking Requested Quantity) × APR ÷ 365, where the APR is the rate assigned to your account type (Regular or Pluang+) for that specific coin. Accrual runs once a day at 8AM WIB, and rewards are paid out in the same coin you staked. TDS 5% and VAT (PPN) 0.11% are deducted from the gross daily reward per the prevailing tax rules, and the net figure accumulates and is distributed weekly every Tuesday. Rewards are not compounded daily. Any APR or APY figure is an estimate that varies with network conditions, not a guaranteed return.
Step-by-step (illustrative):
- Eligible quantity = Staked Qty + Unstaking Requested Qty
- Gross daily reward = Eligible Qty × APR ÷ 365
- Tax deductions = TDS 5% + VAT 0.11% of the gross reward
- Net daily accrual = Gross reward − TDS − VAT
Illustrative example (ETH, Regular, example APR 1.19%, 1 ETH staked):
- Gross daily reward = 1 ETH × 0.0119 ÷ 365 ≈ 0.0000326 ETH/day
- Net after tax ≈ 0.0000309 ETH/day (1.19% is an example rate, not a promised figure)
Related questions:
Q: Are rewards compounded daily?
No. Daily accruals accumulate as a running total paid out weekly every Tuesday. They are not automatically re-staked, so to compound you would stake the distributed rewards yourself.
Q: What quantity counts if I submitted an unstaking request?
Both Staked Qty and Unstaking Requested Qty count for the day you submit the request. From the next day onward, accrual stops on the quantity you asked to unstake.
Q: Are my rewards paid in the same coin I staked?
Yes — ETH rewards in ETH, SOL in SOL. The IDR value still moves with the coin's market price.
Q: Is the APR or APY a guaranteed rate?
No. Both are estimates that vary with network conditions and are reviewed periodically. Actual rewards follow the network's schedule, and your return also depends on the coin's price.