So compound is exciting how and where in the world can you make close to $.25 a day with only $650 investment 2500 BAT to be exact of the time of Project start.... nowhere but in the crypto realm.
I can already hear you saying but Chrono that's only $.25 that's literally nothing!! See that is where you are wrong my friend I got BAT interest I don't look at the USD Value since I am accumulating BAT, not USD... We have to be beyond the limits of USD.
So estimated 24 Hours I am getting 1.3617 BAT every 24 Hour Cycle.. that is considering the APY stays the same which it does not. % Change is expected there is no Promise of Gains just percentages al run by the Protocol!
This is Massive!
So right now BAT is being paid at a rate of 14.03% APY
The annual percentage yield (APY) is the real rate of return earned on a savings deposit or investment taking into account the effect of compounding interest. Unlike simple interest, compounding interest is calculated periodically and the amount is immediately added to the balance.
Just in case you wanted a refresher on APY, a couple of days ago this % was hitting 27% Damn but it's not crazy to see these rates even on Hive.
This platform is run on Governance as all Crypto should make it a bit more Decentralized. https://compound.finance/governance Check out the site for more info on that.
I will give a daily update every 24 hours with results.
Read my first post.
Part 1: app.compound.finance