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.
Click on "all time" then go back one month. It's gone from 12.4 million coins to 13.6 million coins in one month. That's about 10%
per month, or a little over 300% per year.
It's actually more than that because the current amount of hyper-inflation kicked in a little less than a month ago, and they also destroyed a bunch of coins one day after they got caught moving them to an exchange. It's potentially a lot more than this because they haven't turned on all the hyper-inflating stakers yet.