Here's a #ForwardKnowledge gem for your Web3 journey.

What are APRs & APYs in DeFi investments? 🔍

👉 APRs (Annual Percentage Rates): The simple interest rate over a year. Gives a clear, upfront look at what you'll earn without compounding.

👉 APYs (Annual Percentage Yields): This one factors in the compounding interest that accrues on your investment. It can lead to higher returns over time.

🔖 Example: In 10 years, a $1,000 investment at 20% APR grows to $3,000 but skyrockets to $7,385 with daily-compounded APY.

Knowing the difference is key to maximizing your returns in #DeFi. Stay informed, stay ahead! 🚀