Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
By the way, if we gather fun tokens on freebitco, do we also get interest on them as well? and if so, the same percentage 4.08%?
According to the website, one could earn up to 25% APY on Fun tokens if he or she bought and staked it...It's 25% but only if you lock them for the entire year (365 days):
-15 days 5%
-30 days 10%
-90 days 15%
-180 days 20%.
Does it really make any sense to stake for 365 days to earn only 25% interest rate when one can actually earn up to 60% APY for the same 365 days(one year)
Now, you might want to ask how is 60% APY possible in 365 days when the site is only offering 25%?
Well, here is the answer, if staking for 90 days pays 15% APY, 90 days is equal to 3 months, and we have 12 months in a year(365 days), now, divide 12 months by 3 months(90 days), you get 4.
Now, this means that one can earn 15% APY 4 times in a year(365 days) 4 times 15% APY is 60, which means, with this formula, one can earn up to 60% APY on their staked Fun tokens by just choosing to stake them for 90 days consecutively all through the year, instead of choosing 1 year outrightly and earning just 25% APY.
How true or possible is this my formula, or calculation.?