Ganapathy VaradhanganapathyDec 18, 2021 · 3 years ago1 answers How does the interest rate affect the APY of digital currencies?
In the world of digital currencies, the interest rate plays a crucial role in determining the APY (Annual Percentage Yield). How exactly does the interest rate impact the APY of digital currencies? What factors are involved in this relationship? Are there any specific strategies or tips to maximize the APY based on the interest rate? Dive into the details and explore the connection between interest rates and APY in the realm of digital currencies.