Rewards = Subscription Amount * [APY% * Subscription Period (in days) / 365]
Please Note
The calculated value of APY% * Subscription Period (in days) / 365 will be rounded down to eight decimal places.
The following summarizes the calculation of the total amount you will receive in different scenarios:
Buy Low- Two possible scenarios on the Settlement Date:
Target Price is reached: (Subscription Amount + Rewards) / Target Price
Target Price is not reached: Subscription Amount + Reward
Sell High â Two possible scenarios on the Settlement Date:
Target Price is reached: (Subscription Amount + Rewards) * Target Price
Target Price is not reached: Subscription Amount + Rewards
For example:
You subscribe BTC Buy Low at 60,000 using 1,000 USDT and the APY is 85.3% on 2024-02-14. The settlement date is on 2024-02-16 and the Target Price is not reached.
Your Rewards= 1,000 USDT * (0.853 * 2 / 365) = 1,000 USDT * 0.0046 = 4.6USDT