The power of compounding your crypto rewards. If you're invested in a staking pool with say, a 3% daily APR with an initial investment of say, $100. After 24 hours, the value of your investment will increase by $3 to $103, or $1,195 in 365 days without compounding. However, with daily compounding, the value of your investment will be $4,848,272 after 365 days. Wherever possible, always use compounding with your staking and yield farming operations. #crypto #cryptocurrency #yieldfarming #staking #liquiditymining
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Hello @CryptoSorted ! Thanks for the info, just some questions one week later if it's not a trouble! Do you have any source where I can learn about compounding and how I can use it? I have familiarized myself fairly with SmartBCH DEX, tokens & NFT projects during last months, but some terminologies, features and helpful options are still unknown or not fully understood and I would really love to master them as soon as possible!