SiddhardaDec 17, 2021 · 3 years ago7 answers Which is more important for investors in cryptocurrencies, APY or dividend rate?
When it comes to investing in cryptocurrencies, investors often consider various factors to make informed decisions. One of the key considerations is whether to focus on APY (Annual Percentage Yield) or dividend rate. APY refers to the potential return on investment over a year, while dividend rate represents the portion of profits distributed to token holders. Which of these factors holds more importance for investors in cryptocurrencies? How do APY and dividend rate impact investment decisions in the crypto market?