Quick question about "Pool APY". Is that added to your

Question

Quick question about "Pool APY". Is that added to your

SWP rewards from supplying to the pool? For example, the KAVA pool says you'll earn 67.73% "Reward APY".. and 3.49% "Pool APY". That 3.49% will be added to your SWP rewards? Sorry if this is a stupid question...

#blockchain #cryptocurrency #english #kava

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10.09.2022

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CryptoDaz (Darren) · Accepted Answer

No, the "Pool APY" is your share of the 0.15% Swap fees paid by users of that pool and get added direct to the pool. For example: If you have 5% of total the XRP/USDX Pool and someone else swaps 25,000 USDX to XRP then they would pay a 37.50 USDX swap fee that is added to that pool and as you own 5% of that pool your share would be 1.875 USDX If they were swapping from XRP to USDX that fee would be paid in XRP These are liquid with no vesting unlike the SWP Reward APY The Pool APY yields displayed are based on the last 24 hours trading volume for that pool, and so can vary quite a bit from day to day. On quiet days it might be low but rise massively on days of high market volatility

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