Got it! Thanks! I'm confused about the APY though.... @officialjustlend

Asked 1155 days ago
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Got it! Thanks! I'm confused about the APY though. It says Supply APY is 13% before staking. Now it says Base APY is 1.19%

asked 1155 days ago

1 Answers

The Base APY is the annual percentage yield of the asset without any staking rewards applied. This is the rate of return you would receive if you held the asset without taking any additional steps. The Supplied APY is the annual percentage yield of the asset when you stake your tokens. This rate of return is higher than the Base APY, as it includes the additional rewards you receive by staking your tokens.
answered 1155 days ago
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Base APY and Supplied APY
answered 1155 days ago

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