compounding ARY gains you 2.718x (e). It can gain your more if | CoTraderDAO
compounding ARY gains you 2.718x (e). It can gain your more if you do it while rates are still high before falling.
Instead of 100% apr in 1 year you’d have 271.8% if compound at infinitely small & many times
Below you see the formula applied to 365 periods instead of 1 year and it gets closer and closer to e. By once per day it’s already near 2.7x. Good enough unless APR is changing (falling) fast
