The dark side of liquidity mining: The risks of unrealistically high APYs

By cineramaDecember 24, 2021DeFi

Yields in decentralized finance (DeFi) liquidity mining are typically denominated as either annual percentage yields (APY) or annual percentage rates (APR). APY includes compound interest, while APY does not. […]

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The dark side of liquidity mining: The risks of unrealistically high APYs

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