/biz/ - Business & Finance

>>29027388
It compounds but the APY is reducing as the price increases, obviously.
It doesn't really matter, since daily compounding always goes out of control, as anyone who's ever studied finance knows.
It'll flatten over time, but still, check out pic related.
The calculation that pops up when you check the ROI isn't a bug or rounding error.
1.44% ROI when compounded daily does actually become 17389.24% increase over a year, and you can check it with a calculator yourself.
If you buy $1000 of EGG right now, this is what the current interest gets you.
This is just the interest. It'll be less than this as it flattens, but keep in mind the actual x5 or x10 price pump that will happen on top of this.
If you're not in EGG, even as a side stack, you're absolutely retarded.
Unless this rugpulls, everyone in this thread is already on track to being a millionaire, they just don't believe it yet.