A friend and I are working on building a smartwatch on a budget, so it’s a (very) low power project, but we are currently having a problem with the power supplying. We already chose this board, because of its size and the BLE chip: RFduino BLE SMT For now on, we are planning to use this battery 500 mAh LiPo battery (approx. 4V at full charge) with this voltage regulator Micrel MIC5209-3.6YS (the board supports 3.6V max.).
But the problem is that the Voltage Regulator will apparently drain by itself too much energy from the battery (by heating), reducing drastically the autonomy.
What (type of) regulator would be the best or do we need to find another battery?