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Beginner

APY

Also: annual percentage yield

Annual percentage yield: the yearly return including the effect of compounding.

APY includes compounding, so it’s higher than the simple rate (APR) when rewards are reinvested. In crypto, very high APYs usually come from newly minted reward tokens, whose value can fall quickly.

Staking yieldThe annual return stakers earn, usually shown as a percentage of the amount staked.

APY

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