Its actually 0.96% compounded daily which is ~3200% per year.
Do you do any research before picking a coin to pump&dump?
I did do my research.
The 1% compounded daily is just for the prime accounts which are relatively few.
The rest get 10% per year which is equal to Bitcoin right now.
Just look at the total XPY, if it were 3200% per year it would be growing much faster over the past 2 months than it has.
If I'm wrong about this then I would like confirmation from someone else cause such high inflation would make any price floor unsustainable.