been consistently dropping lately?
coz theres consistent Staking,. the higher / more demand for staking, the lower the apy gets. but thats also a sign of reduced sellers
Thanks. The magnitude of the drop in APY is not consistent with the magnitude of the increase in Cake price (from fewer sellers). Did anything with the protocol or tokenomics change with the Cake pools or token (say reward per block changed etc)? Or this is just market action?
APR/APY values are influenced by: - Cake price - Liquidity for that reward token which is related with price - Total staked cake amount in that pool - Total reward token allocation / reward per block for that pool - Token’s price
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