This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Compounding is very powerful
At 15% APR, $100k with $2k monthly deposits become:
3 years - $246k
5 years - $387k
10 years - $994k
20 years - $4.4m
30 years - $21.8m
Can you find sustainable ways to grow your capital like this? For the last 5 years, DeFi has given us this, how long it lasts is another question