Formula for Calculating APY
- A = Total Accrued Amount (principal + interest)
- P = Principal Amount
- i = Interest Rates per Epoch
- n = The number of Epochs in the period to be calculated.
Note: INUB's epoch is 8 minutes/epoch, so it is necessary to convert the period to calculate the yield to the number of epochs.
- Example: You start with $5 at an interest rate of 0.01510%/epoch and you hold for 1 year. So after 1 year you will receive the amount (Principal + Interest) as: $101,659.99