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  • Welcome to Vera
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  • Asset Manager
  • Intrest Calculation
  • šŸ—’ļø API References
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Intrest Calculation

PreviousAsset ManagerNextNFT Lending

Last updated 4 years ago

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Vera uses a daily compounding interest rate mechanism based on binomial expansion.

  • k = Amount

  • N = Total days

  • q = 365 * 100 / interest rate

kāˆ—(1+1/q)Nk * (1+1/q) ^ Nkāˆ—(1+1/q)N

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