Defi Mathematics, Defi, Decentralized Finance, Solidity Maths, Blockchain Maths.
need to understand the Annual Percentage Yield (APY), which takes into account compounding interest. The APY formula is as follows: APY = (1 + (r / n))^n - 1 Where: r is the nominal interest rate n is the number of times that interest is compounded per year Let’s say you deposit $1,000 in a DeFi