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Trent McConaghy 2023-11-07 09:20:16 +01:00 committed by GitHub
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@ -33,5 +33,5 @@ We can express yield as a percentage simply by multiplying by 100 (%). For examp
The yield for one week is **Weekly Percentage Yield**, or **WPY**. For example, if you started with 1000 OCEAN and earned 5 OCEAN from DF, in one week, then your WPY = 0.005 = 0.5%.
The yield for one year is **Annual Percentage Yield**, or **APY**. APY can be estimated from WPYs. Assuming no compounding, `APY = WPY*52`. We drill deeper in the [guide to estimate APYs](apys/apys-guide.md).
The yield for one year is **Annual Percentage Yield**, or **APY**. APY can be estimated from WPYs. Assuming no compounding, `APY = WPY*52`. We drill deeper in the [guide to estimate APYs](apys-guide.md).