Welcome to Virtus Finance
CtrlK
  • πŸš€Virtus Finance Overview
    • πŸ“ŒHow Does The Auto-Staking Feature Work?
    • πŸ“ŒWhat is a Rebase Token?
  • πŸ”°Virtus Protection Fund (VPF)
  • πŸ›…The Virtus Treasury
  • πŸ”₯Virtus Auto Token Burner
  • βš–οΈVirtus Auto-Liquidity Pool (VALP)
  • 🎯What is the APY?
    • πŸ“ŒHow is the APY Backed?
    • πŸ“ŒHow is the APY Calculated?
  • 🌐Periodic Interest Cycle (PIC)
  • πŸ₯‡$VAP Token
    • πŸ“Ž$VAP Buy & Sell Fees
      • πŸ–‡οΈTrading Fees breakdown
  • 🍁Road Map
  • πŸ›©οΈPinkSale Pre-Launch
Powered by GitBook
On this page
  1. 🎯What is the APY?

πŸ“ŒHow is the APY Calculated?

APY calculation

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.

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

Last updated 3 years ago