What is the importance of staking ROI Coin?
Staking means that you have coins laying in your wallet and those coins earn an interest payout and increase in quantity. In other words, if you had 1000 coins in your wallet - thirty days later you would have approximately 1,007 coins. Staking is a way for you to get return on your investment.
Can review if this information is right, because if i have 1000 coins and earn 8% I should be with 1080 coins after 1 month,
7 coins of 1000 means just 0,7% per month
Thanks
8% APR means 8% per annum. Which means if you have 1000 coins, you will get 6.6666... coins per month for a total of 80 a year.