Open shane-moore opened 2 years ago
When I do the calculation I end up at 55105%. I guess it's not or shouldn't be *52100, but ^52. I'm just not sure where the "100" would then come from.
With the formula from popular APR to APY sites like https://www.aprtoapy.com/ I end up at 1747% when compounded weekly.
Formula would be: (1+(3/52))^(52-1) = 17,47 = 1747%
or to keep it at the same writing style:
(1 + (300/52)*.01)^(52-1) = 1747%
ahh @nickgitcoin, great catch!
Request
APY
on hover, would be preferred as well.Example:
If a Rowan/Atom pool has 300% APR, the APY would be (1 + (300/52).01)52*100 = 1847%