● What Is APY?

APY stands for Annual Percentage Yield. This measures the real rate of return on your principal tokens amount by taking into account the effect of compounding interest.

In this case, your $PALD tokens represent your principal, and the compound interest is added periodically on every rebase (which is every 30 minutes).

Your new principal amount is your pre-rebase $PALD token amount plus the new rebase tokens you earned.

The Magic of Compound Interest : One interesting fact about APY is that your balance will grow not linearly but exponentially over time! For Example : If you start with a balance of 100 $PALD on day 1, after a year, your balance will grow to about 153,717.5 $PALD.