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New York, NY, April 08, 2022 (GLOBE NEWSWIRE) -- The Rebase team is pleased to introduce a high APY-delivering auto compounding protocol to help users generate revenue from their investment.
Although the annual compounding formula can be easily modified to accommodate smaller periods, the number of compounding periods used for continuous compounding would be infinitely numerous.
To calculate the APY, banks and credit unions must use the following formula. Here, “r” refers to the period rate, and “n” refers to the number of compounding periods.
This compounding effect can significantly increase your APY, particularly if it happens more frequently—like monthly instead of annually.
Powered by BNB Chain, Rebase Finance offers auto-staking and auto-compounding features. The project aims to maximize the profit gained by token holders by both supply and treasury growth.
Rebase APY is a game-changer in decentralized finance with its new-to-the-market Auto compounding protocol to deliver the highest APY possible. Crypto assets have a vast potential to earn you good ...
APR and APY are both used to calculate interest for investment and credit products but they differ in how they affect what you must earn or what you must pay.