I'm a little bit confused about the cowswap pool! Am I seeing correct? More than 230k % APY! Wtf! Sounds like a scam but milk? Isn't a good token? I'm seeing milk from the beginning. I'm confused, my mind wanting to buy some milk and stake em in the auto pool! What's your opinion on the APY% they provide?
6 comments
230k APY is like 400apr so both are different things
Got it, didn't knew that 😄
That's APY not APR. https://www.capitalone.com/learn-grow/money-management/apr-vs-apy/
Big difference, thank you for the link
A better explanation https://www.investopedia.com/personal-finance/apr-apy-bank-hopes-cant-tell-difference/
The video clears everything. Thanks Again :)