You are viewing a single comment's thread from:RE: Announcing the HBD Bonds Experiment | A three-month lockup for +10% premium on the HBD interestView the full contextpolish.hive (64)in #hbd • last year Isn't the 20% APR with 3 compounds? Putting 1000HB in savings for 3 months gives you 1050.84 HBD
Yes there is a small compound, but I'm not calculating that. Thats the diffeence between APR and APY :)
The claimed HBD interst goes towards the savings balance, increasing the base so if it is not withdrawn it acts as compounding, the exact math for 1000 goes like this:
Total 1050.12