RE: Earn SPK by Delegating LARYNX | Share your Feedback and Review the Code by gadrian

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hive-112019 · @gadrian · Jun 22 '22

RE: Earn SPK by Delegating LARYNX | Share your Feedback and Review the Code

> <code>const amount = p * (1 + r / 365);</code>

What happens in leap years? Slightly increased interest?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@gadrian/re-spknetwork-4hy5yd)

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@disregardfiat · Jun 23 '22

The daily return is always exactly the same.

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@gadrian · Jun 23 '22 (edited)

Yes, but it's 1 more day in a leap year. Which means <code>return parseInt(interest * t);</code> will return a little more when t is the equivalent of 366 days.  Right?

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@disregardfiat · Jun 23 '22

It will never be calculated to 366 tho. If you earn 10 cents today, you'll earn 10 cents any day. The interest also doesn't compound in this case.

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