Post
Topic
Board Services
Re: [OPEN]⚡whirlwind.money | Anonymity Mining Campaign | 12% APR | Daily Rewards⚡
by
jamyr
on 17/06/2023, 18:24:38 UTC
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 Cheesy

By the way, it looks like the image is faulty? I can't see its details

I dont see the images too.

Very intriguing as I thought daily interests are not fixed but is compounding. Say  day1 100btc day 2 101 day 3 102.00033... ..