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RE: As curation rewards start pouring in , I am amazed with curation APR of dunksocial.io

in LeoFinance3 years ago

Friend I loved this post and I used your formula to calculate my power dunk.
Only in the end I think you would make many, many more gains than 18250 in one year.
If you stack the ones that you are winning daily, your profits would be extremely large.

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Exactly , if you see, it 50 * 100/3846 = 1.3% daily.

formula for compound interest is as follows:

At = A0(1 + r)^365
By using compounding daily it will be 3846(1 + 1.3%)^365
and it will become 428K
I think APR in coming days will go down and might get stable at range of =20-30 %