➕How $PETO APY is Calculated

The APY is calculated from the reward yield (a.k.a. rebase rate) using the following equation:

It raises to the power of 35,040.00 because a rebase happens 96 times daily. Consider there are 365 days in a year, this would give a rebase frequency of 365 * 96 = 35,040.00.

A brief mathematical run down in minutes to yearly:

0.02838909% per 15 minutes

0.11360473% per hour

2.76243269% per day

21.0153991% per week

126.480754% per month

2,087,120.5% per year (APY)

Example:

P = (Principle + Interest) = $100

A = (Total Accrued Amount) = $2,087,120.50