DeFined: APR vs. APY
A visual representation of compounding interest.

DeFined: APR vs. APY

Many concepts of traditional finance have found their way into mainstream DeFi. Understanding the ideas behind (and formulas of) simple interest, APR, and APY will help ensure DeFi users โ€” whether lenders, borrowers, or investors โ€”ย all have a safer and more profitable financial experience.

Keep Learning
2560 1707 Yield Monitor