# How is APR determined?

APR are calculated based on the total number of stacking/staking cycles per year \* percentage of reward earned per cycle.

The $STX earnings are generated from the Stacks Chain stacking mechanism; your earnings will therefore vary from cycle to cycle.

Assuming the entire year's APY stays constant at 12% and you hold 25,000 $LiSTX for a year (26 Stacking Cycles).

* You started with 25,000 LiSTX
* After ONE stacking cycle, you will earn: 115.3825 LiSTX.
* The LiSTX balance in your wallet is then increased from 25,000 LiSTX to 25,115.3825 LiSTX
* You can keep checking after every cycle to see your updated $LiSTX balance.

Important to note that not all wallets or explorers support rebasing mechanism, which means that your LiSTX will not reflect accurately.

For LiSTX, to see your balance accurately, check it here: <https://app.lisalab.io/li/stx/redeem>

For LiALEX,  to see your balance accurately, check it here: <https://app.lisalab.io/li/alex/redeem>


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