I think the dropping price of Hive may be contributing to the rising APR; conversely, you'll see the APR drop when the price goes up
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I think the dropping price of Hive may be contributing to the rising APR; conversely, you'll see the APR drop when the price goes up
Is that it? Someone a lot smarter than me with the maths would know lol
Not to claim smartness by any means lol... but I've not only observed this happen before, it also makes sense because when you have a certain amount of earnings divided by a lower price of Hive (earnings / price), you could see that dividing by a lower denominator yields a larger value. This explanation is super simplified and doesn't involve an entire formula, but that's the reasoning for why APR ends up higher.
Welp....A lot smarter than me LOL Cause I would have never figured that out!!
If the logic makes sense to you, then you ARE smart enough. Believe it! 😊