Annual Percentage Rate — interest or yield expressed as a simple yearly rate without compounding. A 10% APR earns 10% in a year; compared to APY which assumes compounding, APR is the lower number. DeFi protocols often advertise APR; staking and lending products often quote APY. Always check which one a yield headline is using.
APR
Annual Percentage Rate — interest or yield expressed as a simple yearly rate without compounding. A 10% APR earns 10% in a year; compared to APY which assumes compounding, APR is the lower number. DeFi protocols often advertise APR; staking and lending products often quote APY. Always check which one a yield headline is using.
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