The proof of concept I have chosen has no lock in period. Interest compounds multiple times per day. In the short term, the IL is severe and that is why I have chosen a proof of concept with a small commitment - to be able to assess this choice against some historical back test data that I now must spend some time doing, before I decide whether this fits into an overall “high interest, high risk” allocation.
Very early days for me, hence the PoC, and the future pilot run before I regret anything of importance.
Same snapshot some hours later. The FOX-ONE quantity has gone up but the approximate USD value in the same window has gone down. I like the simple interface - it’s not trying to delude an investor by hiding the fiat value of the underlying instrument. A small point - my headline says 1,125% APY, last night it was 1,165% and now it is 1,250%. I need to see a time series of results before taking an opinion on the impact of the moving parts.