Bitrue have announced an yield farming at 20% APY with a 7 day lockup period for BTR with 2 options.
However, before you stake your BTR for either BTR or XRP, look at what the actual return of investment will be for the 7 day period.
The 20% is the APY which is the return of investment in a year. So this needs to be calculated on a per day basis and factored into the 7 day locking period for BTR / XRP.
In the case of Stake BTR for BTR, if we keep the price of BTR as the same, here is how it works out if you invest the following amounts in BTR
However this is definitely better for HODLERS who are currently perhaps staking it in the power piggy of Bitrue.
For people who have not used Bitrue or BTR before, here is a full DEMO of Bitrue & the services they offer.
