Submit a request Sign in
 
Logo Logo
Categories
Submit a request
Sign in
Indodax Academy Blog Indodax INDODAX.COM

What is Annual Percentage Yield (APY) in staking?

  1. INDODAX
  2. Information
  3. Digital Asset

browse

Annual Percentage Yield (APY) in coin staking is the annual percentage return that investors earn on their staked assets. APY takes into account compound interest, which is calculated periodically and added directly to the member's balance. Thus, as the balance continues to increase, the interest earned by the member also increases.

Unlike the Annual Percentage Rates (APR) interest which is fixed, APY interest will be calculated and added periodically, which can be monthly, weekly, or even daily. As a result, even though the initial funds are the same, through APY, the interest earned at the end of the period will be much greater than APR. Therefore, APY is said to be more suitable for investors as it provides higher returns. 

 

    Articles in this section

  • Frequently Asked Questions (FAQ) of Alarm Price Feature
  • What is dKargo (DKA)?
  • What is the FIO Protocol?
  • How do I see the volume of digital assets available on the Indodax market?
  • How do I see my transaction volume on Indodax?
  • What is Sybil Attack?
  • What are Ommer Blocks?
  • What is Movement Crypto?
  • What is Virtual Protocol Coin?
  • What is Atomic Wallet?

Related articles

  • How to learn to calculate staking results?
  • Step-by-Step Guide for Using the Earn (Stake) Feature
  • General Terms and Conditions of Staking
  • Are there any fees associated with coin staking?
  • I'm a New User and Don't Know Where to Start. How Can I Buy / Sell Digital Asset at indodax.com?

Promoted articles

  • BCA Virtual Account Payment Guideline
  • Frequently Asked Questions (FAQ) of Alarm Price Feature

Was this article helpful?


Have more questions ? Submit a Request
×
Logo
English (US) Bahasa Indonesia 简体中文
Indodax.com © 2022