Rates move
The model holds one annual rate constant. Cash, credit, and variable on-chain rates can change during the horizon.
Build a simple illustration from amount, horizon, assumed annual rate, and annual fee drag. The result compounds annually and uses no live market data.
This is an illustration, not a forecast. A constant rate is a simplifying assumption. Actual outcomes can be lower, negative, inaccessible when needed, or involve loss of principal. No instrument or protocol is recommended here.
The model holds one annual rate constant. Cash, credit, and variable on-chain rates can change during the horizon.
Counterparty failure, smart-contract defects, liquidity limits, and principal loss are not captured by subtracting a neat risk premium.
The result is before taxes and inflation. Purchasing power may grow more slowly—or contract—even when the nominal figure rises.
Recurring fees are only one drag. Entry, exit, transaction, custody, spread, and conversion costs may also matter.