Re: [OPEN]⚡whirlwind.money | Anonymity Mining Campaign | 12% APR | Daily Rewards⚡
For example if you have a Note with a balance of 1BTC you will receive 0.00033333BTC every day added to your balance, so 0.01BTC a month in total. After a day your Note balance would be 1.00033333BTC and so on until you withdraw. You could deposit today, wait for a day, withdraw and you would still get to keep the rewards for that day.
So, it mean, monthly interest amount is fixed and it is not cumulative, no compound interest, only 1% per month is the maximum reward for participants. In fact, the APR at 12% is higher than what we can get at the moment if we compare with banks. But, have you ever thought about applying compound interest? Although it is not very feasible
Wouldn't that mean that you'd need to invest for ~8.2 years before you get a 100% ROI?
I'm not quite sure if this will be profitable in the long run. I haven't heard of any mixer that has managed to run for that long.