$BOME 🚨Investor information 🚨
Little tip for beginners ⚘️
Take the example of BOME with a capitalization of 55.2 billion and a circulating supply of 658.26 million, according to the report:
circulating supply/capitalization = value of the piece $BOME per unit.
Now let's imagine you want to use binance's Earn tool and currently you have a yield of 0.73% and you have 1000.62 $BOME :
the final value after a daily accumulation of 0.73% over 30 days, we use the compound interest formula:
Vf=Vi×(1+r)^n
Or :
(V_f) is the final value
(V_i) is the initial value (€1000.62 in your case)
(r) is the daily interest rate (0.73% or 0.0073 in decimal)
(n) is the number of days (30 days)
By applying the formula, we obtain:
Vf=1000.62×(1+0.0073)^30
After doing the calculation, the final value (V_f) is approximately €1232.68.
Please keep in mind that results may vary slightly due to rounding when calculating.
And that these are just tools to allow you to establish a long-term financing and passive income plan on Flexible Earn in particular.
👍 if you find this useful 😁❗️
