I have a questions: in a lp on waves is

vAPY the fees earning so that it’s what we get from trading fees, while tAPY is what we get from WX drops? And do we have to sum them to get final rewards, I.e. actually for UsDN-USDN: 7.21%+14.21%=21.36%?

Hi, right.

Ok but how vAPY works because generally on other platforms the total LP that one owns grows by trading fees while here I see that it is always the same. How is it calculated?

Hi, you're talking about tAPY. The base vAPY indicates the growth in the number of pool tokens (e.g. WAVES/USDN) that a liquidity provider receives when they return one of their LP token back to the pool (i.e. the withdraw action). Profit from this activity is accumulated in the corresponding pools and increases the volume of their liquidity. The more profit the pool gets, the higher the value of its Base vAPY and the higher the price of the pool's LP token while tAPY indicates reward from the trading fees.

I am sorry but I am little bit confused….so is it the value of the pool that grows and not the number of tokens?

julia
Trading profits made by means of the orders spread...

Thank you so much I will read it carefully

YW =)