b9_1155what is yield (APY)?
the return a token or protocol advertises, often shown as a yearly percentage (APY).
yield comes from somewhere: borrowers, fees, new token emissions, payment for carrying risk, or new buyers' money. if the source is not stated, assume the least flattering one.
related words
- staking locking tokens to help run or secure a network, usually in return for rewards.
- governance token holders voting on a project's decisions.
- airdrop tokens given out for free, often to early users.
part of the topic whitepapers: free articles, more words and the guide.
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