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RE: Steem Power Interest Is Not Compound Interest!

in #interest8 years ago (edited)

recursive... see my other reply... the conversion rate doubles every year.... thats is compounding and thats not a linear increase... ie, the 1m vests is worth 200 now, 400 after one year, 800 after 2 years, etc... thats 100% APR compounded yearly

That is not linear. Anonymint is off on how much were going to make (i think because hes trying to calculate it compounding monthly)