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What are the formulas for calculating profit in crypto lending?
What are the formulas for calculating profit in crypto lending?

Crypto lending profits are generated by loan interest, which is calculated hourly.

A
Written by Ashley Joseph
Updated over a week ago

Crypto lending profits are generated by loan interest, which is calculated hourly.

Rules for calculating loan hours: 4 hours is the minimum calculation period

1) Loan offers less than 4 hours: shall be calculated as a fixed 4 hours

2) Loan offers longer than 4 hours: shall be calculated based on actual time, rounded up (less than 1 hour shall be calculated as 1 hour)

Interest formula: interest = loan amount daily interest rate / 24 loan hours

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