How does Maker Profit Calculator Works?
This Maker Profit Calculator uses a simple mathematical principal to calculate the ROI of Maker. It fetches the historical Maker price from the database and compares with current Maker Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Maker you would have got by investing x$'s on that day ($x/price of Maker). Now it calculates the current price of that amount in USD (current Maker price * amount of Maker purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_MKR_price = Price of MKR in past date;
$quantity_MKR = Quantity of MKR in past = $amount invested / $price_on_that_day;
$price_MKR = Current price of MKR;
$USD_today = ($price_MKR * $quantity_MKR) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Maker you can check it here: Maker Price Prediction. This predictions are based on various algorithms applied on the historical price of the Maker.
If you have any query regarding the above calculator you can comment it in comment box below.