Crypto Staking pfp
Crypto Staking
@cryptostaking
1/ Deciphering APR vs. APY in Crypto Staking šŸ“Š šŸš€ APR (Annual Percentage Rate) and APY (Annual Percentage Yield) are crucial in crypto staking, but often confused. Here's a simplified breakdown:
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Crypto Staking pfp
Crypto Staking
@cryptostaking
2/ šŸ”¹ APR: Your straightforward annual return from staking, excluding compounding. šŸ”¹ APY: Includes compounding effects, potentially boosting overall earnings. šŸ’” Understanding this difference is vital for estimating potential rewards.
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