*Understanding how to calculate APY is an important part! Let's dive in right into it :)*

**APY** (without reinvestment) on Nominex exchange is calculated using the following formula:

Where:

**R**_{NMX} – *USDT per NMX rate.*

**FD**_{365} – *distribution of the Primary and Bonus pools tokens over the next 365 days.*

**TS**_{USDT }– *the total staked amount in USDT.*

You can find the rate of NMX on the page: https://nominex.io/my/nmx/pool

the number of the total staked USDT on the page https://nominex.io/my/nmx/personal-staking

and the future distribution of tokens into a modal window on any DeFi page:

For example, on the screenshots above, the **NMX** rate is *4.52154*, the total staked value is *8,086,199.85* **USDT** and *4,119,672 + 823,934 = 4,943,606* **NMX** tokens will be distributed in the future.

If we apply these values to the formula we get:

If we want to calculate APY with reinvestment, we use the Effective Interest Rate formula:

Where:

**i** –* stated annual interest rate.*

**n** –* number of compounding periods.*

We take n as 12 for monthly reinvestment, and as 365/7=52 for weekly reinvestment