How does Time Wonderland calculate APY?
Lukas WalkenhorstDec 24, 2021 · 3 years ago3 answers
Can you explain the process of calculating APY in Time Wonderland in detail?
3 answers
- Dec 24, 2021 · 3 years agoSure! Calculating APY in Time Wonderland involves taking into account the total value of funds locked in the protocol and the duration of the lock. The formula used is APY = (Total Value Locked / Initial Value Locked)^(365 / lock duration) - 1. This formula calculates the annualized percentage yield (APY) by considering the growth of funds over time. It's important to note that APY is subject to change based on market conditions and the amount of funds locked in the protocol.
- Dec 24, 2021 · 3 years agoIn Time Wonderland, APY is calculated using a formula that takes into account the total value of locked funds and the duration of the lock. The formula is designed to provide an annualized percentage yield that reflects the growth of funds over time. This allows users to estimate their potential earnings from participating in the protocol. It's important to note that APY can vary based on market conditions and the amount of funds locked in the protocol.
- Dec 24, 2021 · 3 years agoTime Wonderland calculates APY by considering the total value of funds locked in the protocol and the duration of the lock. The formula used is designed to provide an estimate of the annualized percentage yield based on the growth of funds over time. This calculation allows users to understand the potential earnings from participating in the protocol. It's important to keep in mind that APY can fluctuate based on market conditions and the amount of funds locked in the protocol. If you're interested in learning more about APY calculation in Time Wonderland, you can visit their official website for detailed information.
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