πΊοΈAPY Formulation for Cyber World
The Cyber World protocol follows daily-interest compounding simple formulation where:
A is the future value of your investment P is the principle investment r is the interest rate in decimals n is the number of time interest compounded in the given time t is the total time period for investment maturity
It should be noted that rate r and time t should be expressed in the same time units, such as months or years. Time conversions based on a 365-day year have 30.4167 days/month and 91.2501 days/quarter. There are 360 days in a year, with 30 days per month and 90 days per quarter.
In the present case:
If the user invests $1000 worth $CYW for a period of 1 year at 0.018% compounding every 10 minutes. He will have $7,944,670 Cyber World after his investment maturity.
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