What’s the difference between APR and APY? Don’t worry—the class rep is here to explain:
Manually compounding on-chain means paying gas fees each time. If your principal is small, compounding too frequently can actually cost you more than it earns.
Annualized figures often include rewards paid in tokens, calculated at their current price. If the reward token’s price drops, your actual returns will shrink.
You only learn after paying tuition: read the instructions first.
$CAKE 2.319（+0.48%）
#CAKE
Manually compounding on-chain means paying gas fees each time. If your principal is small, compounding too frequently can actually cost you more than it earns.
Annualized figures often include rewards paid in tokens, calculated at their current price. If the reward token’s price drops, your actual returns will shrink.
You only learn after paying tuition: read the instructions first.
$CAKE 2.319（+0.48%）
#CAKE