I deposited X amount of DAI in to the Fantom DAI vault(Scream) on 27th October, now exactly 4 days later,
I got 0.16583% of my original deposition as yield
that’s equivalent to a daily yield of 0.0414584%
which then equal to an annual yield of about 16% even after taking into account an infinite amount of compounding.
This is far short of the 29% APR displayed on the website as of now.
Can someone shed some lights on why there’s such a discrepancy and why I might have done wrong with my calculation?