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  • đŸŽ¯What is the APY?
    • 📌How is the APY Backed?
    • 📌How is the APY Calculated?
  • 🌐Periodic Interest Cycle (PIC)
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  1. What is the APY?

How is the APY Calculated?

APY calculation

PreviousHow is the APY Backed?NextPeriodic Interest Cycle (PIC)

Last updated 3 years ago

The APY is calculated from the reward yield (a.k.a. rebase rate) using the following equation: It rises to the power of 52,560 because a rebase happens 144 times daily. Consider there are 365 days in a year, this would give a rebase frequency of 365 * 144 = 52,560.00.

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