- 2,841
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- Joined
- Mar 29, 2020
example
Lets say you have 1 BTC.
If you earn 5% annually on that BTC and BTC price goes to $10,000 you earn $500. If BTC goes to $50,000 you earn $2,500. In any case you get 5% of the BTC. Your BTC earnings wont change but your $ amount fluctuates with BTC fiat price.
This example is confusing because BlockFi accrues interest daily and pays out monthly.