can you get better APY on convex directly ? @beefyfinance

Asked 1084 days ago
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can you get better APY on convex directly ?

asked 1084 days ago

2 Answers

No, you cannot get a better APY on Convex directly. This is because APY stands for Annual Percentage Yield, and is a measure of the amount of interest earned on an investment over a period of one year. Convex does not offer any type of investment that would yield a higher APY than what is available on the market. In order to get a better APY, you would need to manually compound your investments, which would cost time and money. Therefore, it is not possible to get a better APY on Convex directly.
answered 1084 days ago
0
If you understand APY, no
answered 1084 days ago
0
You will need to manually compound which costs time and money, so no
answered 1084 days ago

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