🔮Farming's Profit Formula
Let's find out more about the formula for calculating daily interest rates for the Farming system in the ATM-BNB and ATM-USDT pairs
Farming period : 12 months
ATM-BNB and ATM-USDT: There are 3 profit-sharing ratios of 5-5, 3-7, 2-8 applied to both pairs, and the ratios are distributed in order within each pair.
To calculate the daily interest rate, we need to consider the following parameters:
CURRENT: Total USDT deposited in a day
MIN_DEP: Minimum USDT deposit for the day in the month
MAX_DEP: Maximum USDT deposit for the day in the month
Formula for calculating interest rates:
First, you need to determine the first day of the month, where the interest rate will be APR_MAX/360
Next, you calculate the interest rate for the following days in the month using the formula: ((CURRENT - MIN_DEP) / (MAX_DEP - MIN_DEP) * (APR_MAX - APR_MIN) + APR_MIN) / 360
In the case where today's deposit value is equal to MIN_DEP, the interest rate will be: (MIN_DEP - MIN_DEP) / (MAX_DEP - MIN_DEP) * (APR_MAX - APR_MIN) + APR_MIN) / 360 = APR_MIN/360
Similarly, if today's deposit value is equal to MAX_DEP, the interest rate will be: (MAX_DEP - MIN_DEP) / (MAX_DEP - MIN_DEP) * (APR_MAX - APR_MIN) + APR_MIN) / 360 = APR_MAX/360
The above formula helps calculate the daily interest rate based on the parameters of daily USDT deposits, minimum and maximum deposit levels, and profit-sharing ratios. This ensures transparency and fairness in calculating profits for investors participating in Farming on the ATM-BNB and ATM-USDT pairs
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