What is the Difference Between APY and APR in Crypto Staking and Farming? – YouTube

What is the Difference Between APY and APR in Crypto Staking and Farming?


  • Video Views: 361
  • Published On: 2022-02-17 23:17:25
  • Video Published/Author: Nick Drakon
  • Video Duration: 00:07:52
  • Source: Watch on YouTube


When you see Crypto Defi yields in the 1000’s of % you need to understand what those numbers mean.

In this video I discuss :

What is APY?
What is APR?
What makes them different?

By the end of this video you should be able to explain what the difference between APY and APR is. At that point you will be in a position to be make informed decisions about your yield farming strategies in defi.

🔗 Useful Links 🔗

Insider Info 👉 https://twitter.com/NickDrakon

My favourite yield optimiser on Fantom is Reaper Farm and i made this video explaining how to use it 👉 https://www.youtube.com/watch?v=RcuHmyJFV-A

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📜 Disclaimer 📜

This video is for informational purposes only. Nothing contained shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Trading cryptocurrencies poses considerable risk of loss.

#aprvsapy #apyvsapr #autocompounding #apr #apy #nickdrakon

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