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RE: HBD now paying out 3% interest

in LeoFinance • 3 years ago

Interesting. Do you know where can I get more information about it? Is not clear how interest is earned and what HBD transaction means.

If I have 100 HBD in my savings on account A and send 0.01 HBD to another account of my, acoount B and then send 0.01 HBD back to account A, will I get 3 HBD after 30 days?

Is a little bit confusing right now.

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3 years ago in LeoFinance by
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     3 years ago  

    If I have 100 HBD in my savings on account A and send 0.01 HBD to another account of my, acoount B and then send 0.01 HBD back to account A, will I get 3 HBD after 30 days?

    It is 3% per year, so you would get 3 HBD / 12 (months). The 0.01 HBD would only be needed if there has not been any transactions on the account in the last 30 days. You don't miss out on that interest, it just won't pay out until there has been activity.

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     3 years ago  

    Thanks, is clear now!

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