What's the difference between APR and APY in DeFi?
In the context of decentralized finance (DeFi), it's essential to understand the distinction between Annual Percentage Rate (APR) and Annual Percentage Yield (APY). APR represents the simple interest earned over a year, while APY accounts for compound interest, reflecting the total returns on an investment when compounding is considered.
全部回答0最新熱門
暫無記錄