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- Cigamatoi has announced the release of the IOTA Staking APY Calculator, a tool for determining the most profitable validators.
- It also has a reward tracking mechanism that protects users’ data, making it one of the most convenient staking tools within the ecosystem.
In a bid to simplify and supercharge the staking experience for IOTA users, community member Cigamatoi has unveiled a new web-based utility: the IOTA Staking APY Calculator. Intended for new stakers and veterans alike, the tool aims to address what Cigamatoi calls the “two biggest pain points in staking: finding the best validators with the highest returns and monitoring rewards without losing your mind.”
IOTA’s network runs on a Delegated Proof-of-Stake (DPoS) system. In simple terms, it means that IOTA holders can delegate their tokens to trusted validators who do the heavy lifting instead of everyone participating directly in securing the network. These validators help keep the network running smoothly and, in return, earn rewards which are handed out in regular periods called “epochs.”
Before sharing those rewards, each validator takes a small slice for themselves, say, 10%, and then the remaining 90% is distributed to the stakers. That’s why choosing the right validator is important: you want a validator that’s not only reliable but also doesn’t take too big a bite out of the rewards.
Validator Comparison
To solve this, the IOTA Staking APY Calculator provides a dashboard designed to streamline validator comparison and reward estimation. Users gain live network stats that offer up-to-the-minute insights into the total stake across the network, the number of active validators, and the average APY, delivering a clear snapshot of the current staking environment.
An epoch countdown with a visual progress bar shows precisely how much time remains in the current epoch, allowing stakers to plan their moves with accuracy. The tool also includes a sortable validator table, enabling users to organize validators by key performance indicators such as APY, commission rate, and total delegated stake.
To obtain tailored results, users are able to input their own stake amount to generate customized reward projections based on each validator’s numbers. Additionally, the multi-currency interface allows users to view estimated rewards in IOTA, USD, EUR, GBP, and more, making the tool accessible and relevant to a global user base.
Staking Rewards Tracker
The second core module of the calculator focuses on ongoing reward monitoring, solving one of the most tedious challenges in staking: tracking earnings over time. This feature is valuable for users relying on hardware wallets or cold storage, where connecting to third-party tools is often inconvenient or insecure.
If you’ve missed tracking your rewards from previous epochs, the tool’s catch-up mode lets you enter the current epoch, and it fills in the gaps for you. On top of that, the net profit calculator factors in each validator’s commission, so you get a clear view of what you’re earning from staking.
Finally, the tool follows the modern IOTA unit convention, where 1 IOTA equals 1 million micros, aligning with current standards and improving clarity for users across the ecosystem. As of the next staking epoch, IOTA network statistics show that there’s a total of 1,715.71 PIOTA staked, which is about 37.22% of all tokens. The total rewards for the epoch are 767 million IOTA, with 46 validators actively helping secure the network.
However, market sentiment around IOTA has been mixed. In the past week, IOTA has dropped 15.90%, with an additional 1.92% dip in the last 24 hours, trading currently at $0.2194. Despite this downturn, technical analysts are pointing to a chart breakout: “IOTA BREAKOUT CONFIRMED! Falling wedge smashed, targets $0.22–$0.24 soon!”
