IOTA Launches Enhanced Staking Dashboard for Improved and Secure Rewards.

Cigamatoi has introduced the IOTA Staking APY Calculator, designed to identify the most profitable validators. This tool features a reward tracking system that safeguards user information, enhancing convenience for stakers within the ecosystem. Aiming to streamline and enhance the staking process for IOTA users, community member Cigamatoi has launched this new web-based resource. Designed for both newcomers and experienced stakers, the tool seeks to solve what Cigamatoi identifies as the “two main challenges in staking: identifying the top validators offering the highest returns and tracking rewards without becoming overwhelmed.” IOTA’s platform operates using a Delegated Proof-of-Stake (DPoS) mechanism. Essentially, this means that IOTA token holders can assign their tokens to reliable validators who handle the main tasks, rather than having everyone directly involved in securing the network. These validators ensure the network operates efficiently and, in exchange, receive rewards that are distributed at regular intervals known as “epochs.” Prior to distributing the rewards, each validator sets aside a small portion for themselves, approximately 10%, and then the rest, which is 0.0.2194%, is allocated to the stakers. This is why selecting the appropriate validator is crucial: you need one that is dependable and doesn’t significantly reduce your earnings. Validator Evaluation. The IOTA Staking APY Calculator features a dashboard aimed at simplifying the comparison of validators and the estimation of rewards.