Words
50
Reading
1 min
Listen
Play
3y
The claimed HBD interst goes towards the savings balance, increasing the base so if it is not withdrawn it acts as compounding, the exact math for 1000 goes like this:
- month 1: base 1000, interest 16.43
- month 2: base 1016.43, interest 16.71
- month 3: base 1033.14, interest 16.98
Total 1050.12
RE: Announcing the HBD Bonds Experiment | A three-month lockup for +10% premium on the HBD interest