Can anyone explain the Staking Rewards calculation when LUNA is staked in Terra Wallet?
I am testing it, to see how it works, and I deposited 5 LUNA exactly 5 days ago, through a validator (Luna Maximalists) which has a “Commission” (APY ??) of 20%.
So (5 x 0.2) / 365 * 5 = 0.0137 LUNA (expected rewards after 5 days)
But actual staking rewards = 0.002765 LUNA (which is very close to what is expected per day)
So as you can see, this is not adding up.
Anyone perhaps have a link to the calculation mechanism or an explanation of this discrepancy? I have looked through all their links and cannot find it.
Thanks!