The return earned on crypto assets over time, typically expressed as APR or APY.
Yield measures the return from staking, lending, liquidity provision, or other on-chain strategies. APR reflects simple annualized returns; APY compounds.
"A pool offers 8% APR; with frequent compounding, the effective APY will be higher."
The yearly interest rate without accounting for compound interest.
The projected annual return, factoring in compound interest.
DeFi, or Decentralized Finance, is a revolutionary sector in the blockchain industry that uses smart contracts to create permissionless financial services that are open to everyone and operate without intermediaries.
All terms and definitions may update as the Cryptionary improves.