Does the annualized yield shown on the mining page account for compound interest?
For the same pool, APY is usually higher than APR, so make sure to convert them to the same metric when comparing different products.
For example, with a 10% APR compounded daily (n = 365), the APY is about 10.52%.
I didn’t understand this before, and the money I wasted could’ve paid for several hot pot meals.
Don’t put all your savings into a single project.
$CAKE 1.908（-1.29%）
#CAKE
Just my personal opinion—don’t take it too seriously.
For the same pool, APY is usually higher than APR, so make sure to convert them to the same metric when comparing different products.
For example, with a 10% APR compounded daily (n = 365), the APY is about 10.52%.
I didn’t understand this before, and the money I wasted could’ve paid for several hot pot meals.
Don’t put all your savings into a single project.
$CAKE 1.908（-1.29%）
#CAKE
Just my personal opinion—don’t take it too seriously.
