RE: LeoThread 2024-12-17 14:54

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What is the APY of LeoPower .

Hive is I think 9% p.a plus 3%

#askleo



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Who cares? This is all misleading.

The APY on HIve is not 9% +3%. What happens if the price goes down 20%? Then you lost -8%.

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Good point Task, I love the fact that you're always here to keep my mind on the right track.

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Around 14%

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wow, I did the math with Chatgpt and it said this, it that accurate?

To calculate the monthly earnings in USD from your investment in Leo tokens with a 14% annual percentage yield (APY), we can follow these steps:

  1. Calculate the annual earnings in Leo tokens:

APY = 14%

Investment = 10,000 Leo tokens

Annual earnings in Leo tokens = 10,000 * 14% = 10,000 * 0.14 = 1,400 Leo tokens

  1. Convert the annual earnings to monthly earnings in Leo tokens:

Monthly earnings in Leo tokens = Annual earnings / 12 = 1,400 / 12 ≈ 116.67 Leo tokens

  1. Convert the monthly earnings in Leo tokens to USD:

Value of 1 Leo token = 0.07 USD

Monthly earnings in USD = Monthly earnings in Leo tokens * Value of 1 Leo token

Monthly earnings in USD = 116.67 * 0.07 ≈ 8.17 USD

So, you would earn approximately 8.17 USD per month from your investment of 10,000 Leo tokens at an APY of 14%.

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I guess I need to increase my Leo power goal then.

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Sweet I'd be investing some soon for that apy.

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