If you only have 1000 then you do not have compound interest... it starts every 1000
RE: Is smartcash stupid?
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Is smartcash stupid?
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any amount 1000 and over that is not spent during the reward period will be eligible for smartrewards, it compounds from the 2nd month onwards if unspent in order to remain eligible etc.
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ok, then I have really misunderstood until now
I have always thought that it was 1000 +70 smartrewards = 1070 (for example) and then next month still the 1000 + 70 smartrewards + 70 you already had
but you are saying it is 1000 + 70 = 1070 and the next month 1070 + 71 = 1141
(I know the math doesnt add up but it should show my meaning)
so which one is correct?
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Didn't we get 8% payed out in dec to re invest / stake ? If we did, off course it compounds :)
How can compounding start every 1000? it is based on payout and re investment?
What did I miss ??
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Hi @felander ! This is a question related to @buildteam . They have not done todays stake payment as usual. Do you have any news or know something about it?
Regards, @gold84
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They did do the payout
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Yes, they did it the next day, because of easter I believe.
Regards, @gold84
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