Question Pancake Peeps: why is the APY for staking going

Question

Question Pancake Peeps: why is the APY for staking going

down when less people are staking, i.e. the price of CAKE also going down? Are the two metrics not inversely related? It makes me hesitant to invest long term...

#cake #cryptocurrency #de-fi #english

0

03.12.2021

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Combot
APR/APY values are influenced by: - Cake price -...

Thank you, so the main points are token price, liquidity that is related to price, and reward allocation per block (that is also related to price). As I understand it, if the price is going down, this means less people are staking, which should mean the rewards per block and thus APY should GO UP. The APY for autostake and manual stake has been progressively going down for months, independent of the points you mention.

0

03.12.2021

Combot · Accepted Answer

Combot

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

0

03.12.2021

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Question Pancake Peeps: why is the APY for staking going

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