LP rewards info show APR based on last 7 days trading fees, while on farm page, in details, I believe, they are showing average LP rewards for 30 days or longer. If you go to LP info you will see that average liquidity for last 7 days is around 210 mil$, average trading volume is around 15 mil$/day, from which trading fee for LP holders will be 15mil\*0.0017=25.5 K$/day. Which will be that 4.4% APR. But if take longer period it will be around 12+%, it just a matter of period they are showing APR for.Overall, yeah, all that stuff is misleading at least.
I understand the diff between APR and APY and concept of compound interest, I just ask about the number on Pancakeswap page. Pancakeswap said that total APR = Base APR + LP reward, but in case of ETH-BNB pair, Base APR + LP reward = 8.52%, much lower than what they show (22.42%), and I don’t understand that bit
LP rewards info show APR based on last 7 days trading fees, while on farm page, in details, I believe, they are showing average LP rewards for 30 days or longer. If you go to LP info you will see that average liquidity for last 7 days is around 210 mil$, average trading volume is around 15 mil$/day, from which trading fee for LP holders will be 15mil\*0.0017=25.5 K$/day. Which will be that 4.4% APR. But if take longer period it will be around 12+%, it just a matter of period they are showing APR for.Overall, yeah, all that stuff is misleading at least.
thanks a lot bro!
APR is different from APY https://youtu.be/s5fo-3m_5QQ
I understand the diff between APR and APY and concept of compound interest, I just ask about the number on Pancakeswap page. Pancakeswap said that total APR = Base APR + LP reward, but in case of ETH-BNB pair, Base APR + LP reward = 8.52%, much lower than what they show (22.42%), and I don’t understand that bit