One of the exciting new features we plan to introduce to the $APYS platform is #auto-compound.
11 Feb 2022, 14:58
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š» One of the exciting new features we plan to introduce to the $APYS platform is #auto-compound.
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111 Feb 2022, 15:00
š» One of the exciting new features we plan to introduce to the $APYS platform is #auto-compound.
šø #Auto-compound is the process which allows for the yield to be automatically re-added to further increase the rewards. This removes the need to manually track the harvest, and make the staking and farming more efficient.
š° Let's look consider a practical example. For instance, $10,000 was put in an asset pair under the #APR of 60%. The daily compounding allows raising the #APY by another 22%, yielding ā $18,212.21. Without the auto-compounding this would yield $16,000.
š Any type of $APYS vault will support the #auto-compound feature to further benefit the community members. You will be able to test it when the product beta rolls out.
One of the exciting new features we plan to introduce to the $APYS platform is #auto-compound.
š» One of the exciting new features we plan to introduce to the $APYS platform is #auto-compound.
šø #Auto-compound is the process which allows for the yield to be automatically re-added to further increase the rewards. This removes the need to manually track the harvest, and make the staking and farming more efficient.
š° Let's look consider a practical example. For instance, $10,000 was put in an asset pair under the #APR of 60%. The daily compounding allows raising the #APY by another 22%, yielding ā $18,212.21. Without the auto-compounding this would yield $16,000.
š Any type of $APYS vault will support the #auto-compound feature to further benefit the community members. You will be able to test it when the product beta rolls out.