Help CenterAPY (Annual Percentage Yield) is the annual percentage of return earned, taking into account the automatic increase of the invested sum (principal amount, invested capital). The frequent compounding earns you higher profit because of its regular increase of the initially invested sum (principal amount, invested capital).
For Example:
You invested 1,000 USDT at 600%. That means that at the time of calculation, your income for the 1 year can be calculated:
1,000 (the invested sum) x 600 (APR in percentage) / 100 (also can be counted as 1 000 x 600% )= 6 000 USDT— your 1- year income if you won’t make any unstakes during this year.
Pay attention that you cannot accurately calculate your daily income because of permanent automatic change and an increase in your investment sum.
That means that your 1-year total sum potentially can be:
1 000 USDT (if you unstake your deposit sum) + 6 000 USDT (your income — the sum of APY) = 7 000 USDT
Keep in mind that the rates are approximate, provided for your convenience only, and in no way represent a guaranteed return. All the mathematical calculations aren’t financial advice.