Today's key takeaway: The difference between APR and APY
For the same APR, the more frequently interest is compounded, the higher the APY—but the increase gets smaller and smaller, and there is a limit.
Every return comes with a corresponding risk, so think first about how much you could lose in the worst case.
$CAKE is PancakeSwap's native token. DeFi products like this often advertise annualized returns. Current price: 1.625.
Just chatting—whether you make or lose money, you're responsible for it yourself.
For the same APR, the more frequently interest is compounded, the higher the APY—but the increase gets smaller and smaller, and there is a limit.
Every return comes with a corresponding risk, so think first about how much you could lose in the worst case.
$CAKE is PancakeSwap's native token. DeFi products like this often advertise annualized returns. Current price: 1.625.
Just chatting—whether you make or lose money, you're responsible for it yourself.