Freq of Interest Compounding on Anchor Deposit

Hi, asking since could not get a response from the docs. How frequently does Anchor compound interest? Is it annual or more frequent than that? Given the way the interest gets paid on a continuous basis, it feels more frequent than annual but less than daily compounding. Grateful if TFL or anyone who knows can clarify. This is especially important for businesses building on top of Anchor, because would like to be accurate with end users in terms of what compounding they can expect.


I believe it is updated every block.