💵 APR Myths: 100% annualized seems high, 100% daily seems low Can't handle MEME, recently started researching on-chain finance, like jupLend. Opened a few positions yesterday, with the highest APY reaching over 130%, but I didn't dare, ultimately settling for around 80%. A "middle ground" after weighing risks and returns. Annualized APY of 80%, daily around 0.2%. Compared to the previous MEME LP standards, a daily rate of 100% seems low, and if the page doesn't show >999%, it feels like a failure in choosing the pool. Why is there such a "split"? 100% annualized seems high, 100% daily seems low. Simply put, the yield is a compensation for risk. The higher the risk, the higher the yield you demand. What if there's a RUG or a crash? For high-risk pool LPs, calculating annualized returns is meaningless, as it could crash and run away in the next hour. Participating in speculation under extremely high risk naturally hopes for higher short-term returns. But "financial...
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