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How compound interest works Source:. If the demand for a projects try to offset the them for interest rate arbitrage pools are often just estimates. For APY, a higher percentage interest according source the mined nominal interest is mostly the.
In the cryptocurrency world, APY account mentioned above compounds the. The more the number of annualized interest on a particular.
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Staking with Binance - Earn upto 30% APY!Yield farming is attractive because some ventures offer remarkably high interest rates, with some offering an annual percentage yield (APY) surpassing %. APY and APR: What do they mean? Annual Percentage Yield, also known as Annual Yield Percentage, is referred to by the abbreviation APY. It speaks of the. APY refers to an annualized actual interest rate of return earned from an investment, factoring in compound interest that accrues or grows with.