What's the difference between APR and APY?
The conversion from APR to APY is: APY = (1 + APR ÷ n)^n − 1, where n is the number of compounding periods per year.
For the same pool, the APY is generally higher than the APR. When comparing two products, make sure to use the same metric.
$CAKE is PancakeSwap's native token; DeFi products like these often display annualized returns.
It's okay to take it slow—surviving matters far more than how much you make in any one trade.
The conversion from APR to APY is: APY = (1 + APR ÷ n)^n − 1, where n is the number of compounding periods per year.
For the same pool, the APY is generally higher than the APR. When comparing two products, make sure to use the same metric.
$CAKE is PancakeSwap's native token; DeFi products like these often display annualized returns.
It's okay to take it slow—surviving matters far more than how much you make in any one trade.