📊Fixed Annual Percentage Yield

What is APY?

APY is short for Annual Percentage Yield and is used to measure the real rate of return on your principal amount by taking into account the effect of compounding interest. In the case of Crapy Protocol finance, your $CRAPY tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every 15 minutes).

Math behind the APY:

APY standardizes the rate of return. By providing the real percentage of growth that will be earn via a compound interest. The formula is as follows (1+r/n)n-1, where the r = period rate and n = number of compounding periods.

Crapy will provide a fixed APY of 201,000% which is a solid return for investors and more importantly is sustainable. Other auto-staking projects pay out an unsustainable amount of APY which can cause unwanted fluctuations in price. After much deliberation we have selected an APY 201,000% and this fixed interest rate will be paid to our holders every 15 minutes.