app.compound.finance
I know it will crash, but in the mean time I want to cash in on some high APY.
If you have not heard of compound.finance than consider yourself lucky.. but Crypto has a way of changing what we think we know about finances and the banking industry.
Right off the bat ... (pun intended) you already know Crypto is not like Fiat money in which it has many many utilities and ways of earning.
I am not going to recommend you do this and if you do make sure to research and make your own decision.
BAT
So right now BAT is being payed at a rate of 13.50% 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 its not crazy to see these rates even on Hive.
This platform is run on a Governance as all Crypto should be makes it a bit more Decentralized. https://compound.finance/governance Check out the site for more info on that.
These are my earnings for the past 10-20 mins. I will give a daily update every 24 hours with results.
Stay tuned.
Leave app.compound.finance to:
Read more #finance posts
Best Posts From ChronoCrypto
We have not curated any of chronocrypto's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From ChronoCrypto
- Time Is Our Most Valuable Asset
- HIVE at Rank #682 While the Market Pretends Nothing Is Wrong
- The Economy Feels Broken Until You Learn How To Flow With It
- The Grind Never Pauses
- ChronoCrypto Diary: 5 AM Reality Shift After Sedona
- Grinding Through the Noise While the Market Watches Bitcoin
- LOW MOVEMENT. HIGH AWARENESS. CONTROLLED EXECUTION.
- Monday Momentum, Precision Moves, and System Control
- Mind Over Miles: Reta, Routine, and the Real Hustle
- Systems in Motion A Day Measured in Data Discipline and Direction