Time-saving calculation
Manual Compounding Time:
For each compounding process, it involves two steps:
Claiming rewards
Staking rewards to validators
Both of these steps takes ~3 minutes to complete manually.
Auto-Compounding Time:
When using Evia's Auto-Compounding Vaults, the entire process is automated. Therefore, the time required for each compounding transaction is zero compared to manual efforts.
Frequency of Auto-Compounding:
The number of compounding transactions executed per day is determined by the frequency settings of the Evia Auto-Compounding Vaults. Let's denote this frequency as F transactions per day.
Hence, Total Time Saved per Day:
Total time saved per day = Time saved per transaction × Frequency of auto-compounding
To convert this into hours: Total time saved per day (in hours) = (3F minutes) / 60
Example:
Let's consider an Evia Auto-Compounding Vault with a frequency setting of 6 transactions per day (F = 6).
Total time saved per day = (3 × 6) / 60 = 18 / 60 = 0.3 hours
Therefore, by utilizing Evia Auto-Compounding Vaults with a frequency of 6 transactions per day, users can save approximately 0.3 hours of manual compounding time each day.
Last updated