of AMPL in v2 market when show 80k% APY but deposit doesn´t increase at this %. How it´s possible?
Look into aampleforth and research it. It's a unique crypto which i believe changes supply constantly (never looked into it myself as my feeble brain would melt)
But rewards should be indicate platform.
Same here, I am thinking 80k is a lie, each hour should be paid around 10%, I know it changes constantly but I am lending for 30 hours and my total balance of ampl have increased around 2~3% only.
80k% is in APY, not APR. The maximum you could expect is 2.08% per day, that would be at 100% utilisation all day. So it works as advertised.
Thank you for explanation, and sorry for my mistake.
80k% reward 2% per day?
How calculate it?
It's compound interest
I think instant, 2% compound daily is 137640.829%
OK but with high fees is impossible
Use polygon
But ampl is not in polygon market
Then you have to put a lot for the fees
Hi, this is truth?
Yes. Lenders selling their rebase of the Ampleforth protocol for 1.86% daily interest. Borrowers pay 2.1% a day. Rebase used to be even higher in the past days, so borrowers profit as well. Today it was 3.3%. So borrowers got 3.3%-2.1%=1.2% profit. This week had days of 6.95% and 5.8% rebase.
Yes you can search it up
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