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1. AVEX token has a price of 1000 and pays interest of 0.00085 per token every 6 seconds. Compounded interest can only be earned if
1. AVEX token has a price of 1000 and pays interest of 0.00085 per token every 6 seconds. Compounded interest can only be earned if claimed and reinvested. If interest is not claimed 0.00085 will be accumulated every 6 seconds per 1000. After being claimed, the accumulated amount is paid out instantaneously and reinvested in the token.
Suppose an investor holding one AVEX token claims the interest only every 24 hours and reinvests interest payments into the AVEX token instantaneously after being claimed. How much would the investor have lost in interest proceeds if she claims the interest only every 24h instead of every 6 seconds over the first six months (181 days) of a new year.
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