So recently I've jumped into the world of defi with CubFinance as my first. I've put my cubs to sleep in the den because I haven't learnt everything about impermanent loss and don't feel comfortable going into LP without educating myself.
So for now the cubs are accumulating nicely at the current APR at about 120%. I just found that you can click on the small calculator next to the APR which will show a pop up like the below:
So theoretically with my initial investment of 235 cubs, compounded daily, would return 580 cubs at the end of the year. Which brings me to my question...how often should we compound? Compounding seems to cost about 80 cents (in Australian dollars) which seems a bit high for me to compound daily given I get less than a cub a day.
Is there a rule of thumb you guys use to know how often you should compound? Genuinely curious so I can improve my returns. Let me know! For now, I will leave them for a few days until I compound, but it's quite hard to resist!
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