one thing that people are not talking about regarding apr

in #hive2 days ago

most projects i see claim x% apy on their liquidity pool or vault etc using e^rate (continuous compounding)

hive on the other hand uses 15% apr, flat annual rate.

considering there's miscommunication in pretty much the entire world between nominal interest vs compounding interest, it's not really a big deal.

but maybe hive is somewhat oldschool and less fancy. whether that's good or not isn't so clear.

there's fancy projects that do 10,000% apy for a brief moment and then fall into obscurity within one or two years. hive to me is more like a zombie that doesn't die.

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Zombie is too new. Let's move it back further, it's a thousand years old dracula. i rather it survive longer with less fluctuation, rather than spike 10000% yet the liquidity worth less than $1000 😂

considering the entire alt scene is relatively new, i guess hive is kinda old but somehow chugging along. i dunno how long it's gonna on but i do hope it keeps going.