Post
$USUAL
Hello
can someone explain to me why Total APY is 248% and in reality if you do the calculation it is much lower?
4.38 usd0 (weekly) x 52 weeks (1 year) = 227.76 usd0 (for 1 year)
so at 295.56 $ invested - you get approximately 227.76 usd0
this means you get 77% annual interest
from 248% to 77% is a big difference
Hello
can someone explain to me why Total APY is 248% and in reality if you do the calculation it is much lower?
4.38 usd0 (weekly) x 52 weeks (1 year) = 227.76 usd0 (for 1 year)
so at 295.56 $ invested - you get approximately 227.76 usd0
this means you get 77% annual interest
from 248% to 77% is a big difference
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