I borrowed $16k in USDC at 35.57% this morning, which would equal $15.60 per day for the loan increase.
When I look at the values at the end of today the total debt reads $16,034.21.
Why is is not just 16,015.60, why has the APY doubled?
Same thing with the $21,000 Dai from two days ago at 36.16% which would be an daily interest of $20.80 but that balance also is much higher than expected at 21,082.83 instead of the expected 21,041.60...
What's going on here? Anyone any insights for me?