What is the difference between APR and APY?
Grizzly.fi Blog » Yield Farming
by Grizzly
1y ago
In this article, we talk about the difference between APR, and APY and why it's important for you to understand it. We also provide you with a calculator, so you are able to estimate your yield as accurately as possible.    APR - Annual Percentage Rate  The annual percentage rate is the annual interest expressed as a percentage. It only takes simple interest into account and does not include a reinvestment of the interest earned (compounding). In order to obtain a higher yield you could reinvest your interest consequently, this would lead to a compound interest and therefore AP ..read more
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Why you should start Yield Farming on Solana: Up to 700% APY
Grizzly.fi Blog » Yield Farming
by Leon Helg (Co-Founder)
1y ago
Yield farming has become one of the most popular methods of securely and reliably earning blockchain-based passive income. Although the concepts of staking and yield farming originate with Ethereum, nowadays DeFi enthusiasts can enjoy yield farming on various other blockchains as well - many of them, like Solana, are much more efficient than Ethereum. But what is Solana yield farming really, and is gaining passive income with SOL profitable?   What Is Solana? Solana (SOL) is a decentralized, open source blockchain network utilizing the Delegate Proof-of-Stake (DPoS) algorithm. DPoS is a ..read more
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Yield Farming vs Liquidity Mining: What Is Better?
Grizzly.fi Blog » Yield Farming
by Leon Helg (Co-Founder)
1y ago
Yield farming and liquidity mining are two terms which are often disorienting for beginning DeFi investors. Some people in the blockchain ecosystem confuse yield farming with liquidity mining, thinking that these two terms refer to the same thing.  However, this is far from the truth: yield farming and liquidity mining are two different concepts, and they both have their unique advantages and disadvantages. But what are yield farming and liquidity mining exactly, and which of these two methods of gaining blockchain-based passive income will be better for you?   What Is Liquidity Min ..read more
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Impermanent Loss: Everything You Need to Know
Grizzly.fi Blog » Yield Farming
by Leon Helg (Co-Founder)
1y ago
Blockchain technology can be very profitable, especially when we consider DeFi (decentralized finance) solutions like liquidity mining. Although liquidity mining is a great way of gaining a steady source of blockchain-based income, many people are concerned with liquidity mining risks such as impermanent loss. But what is impermanent loss really, and most importantly - what can you do to protect yourself from it?   What Is Impermanent Loss?  Impermanent loss is one of the most common liquidity mining risks, and happens when the price of the two tokens in a liquidity mining pair star ..read more
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