APR vs APY in Crypto?
From financefeeds.com
In the minds of every individual subject to capitalism, the terms “gross salary” and “net salary” are etched. The idea of these terms helps in perfectly knowing what you get and what is taken. Although these terms are not in any way similar to the topic of discussion, there is an expectation that they breed; such expectation is in what is to be received. The concepts of APR vs APY are acronyms that represent the different ways of calculating returns on investments or interest rates on loans. Just like the individual subject to capitalism, a crypto investor is assiduously poised on these terms, as they represent ...
(full story)