To clarify once and for all: APY = compound interest, which

Question

Phala Network Official - Coprocessor for blockchains #DePIN

To clarify once and for all: APY = compound interest, which

means it calculates the interest on your capital + the interest that your rewards generate.
APR = calculates only the interest on your capital without considering the interest on your rewards if you don't withdraw.
In my opinion, if 90% of vaults are average, vaults that exceed 20/25% APY have probably decided and understood that the more hardware power you have but the few delegating people you earn much more....so they close the vault.
Here, this mechanism doesn't seem brilliant to me for attracting new stake-holders.🤷‍♂️
Identical concept for stake-pools with APR, it should be the more stake-holders you acquire the more you earn, otherwise it has no logic.
It is obvious that if the adoption is not "mainstream" for various reasons (APY or APR are relative) the first of all is that phala is built on a mother platform which instead of implementing its features has replicated them but phala does not have the power of capital and investors like DOT, so it's a problem: you are built on a platform that offers you survival but it launches your brilliant intuitions by passing them off as its own, now you will laugh or massacre me for this statement of mine: the foundations are from DOT but the palace to sell or rent is thanks to phala. You have offered the right path for a "mainstream" platform but it is offering services and products like yours (indeed with fewer features) but you arrived 36 months earlier, I have no idea how to solve this problem, but who invested in you he had understood your ingenious abilities, now how to solve the riddle?

#cryptocurrency #english #phala

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17.12.2023

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EXTRA Автор вопроса

Rahul Sultania
I hope team read this.

Let's hope 🤞 The conflict of interest is notable...without delving into my beliefs otherwise I'll be banned, but Marvin and his team are dedicating their reputation/future to phala, that being said the deadwood must be cut and a new narrative/era started. 🙏🤞

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11 месяцев назад

Rahul Sultania · Accepted Answer

Rahul Sultania

I hope team read this.

0

11 месяцев назад

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To clarify once and for all: APY = compound interest, which

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