Sustainable Fixed 404202% APY
APY stands for Annual Percentage Yield. This measures the real rate of return on your principal amount by taking into account the effect of compounding interest. With MOVE2EARN APY, your MOVEAPY tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every 3 Seconds).
Your new principal amount is your then-current MOVEAPY token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.
The Magic of Compound Interest - It is important to note that your balance will grow not linearly but exponentially over time. Taking a compound interest of 0.094844%/3 Seconds, or 28800 times a day.
- Example 1: If you started with a balance of only 100 MOVEAPY. After a year, your balance will have grown to 404202 MOVEAPY
MOVEAPY Protocol with constant compound interest for a perpetuity. Each interest cycle (rebase period) is 3 seconds in length and is referred to as an EPOCH.
There are 28,800 epochs per day and 10,512,000 epochs per year.
- Epoch 1 - 10,512,000 : 0.094844% every Epoch (First Year)
- Epoch 10,512,001 - 21,024,000: 0.00948% every Epoch (Next Year)
- Epoch 21,024,000 - 105,120,000: 0.000948% every Epoch (Next 5 Years)
- Epoch 105,120,0000: 0.0000948% every Epoch (In Perpetuity until max supply is reached)