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Why KAVA APY so reduced? 😅 Is getting more convenient

to stake 24% on Binance? Lol @cryptodaz2 @cryptoswithcam

6 ответов

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https://t.me/kavalabs/452027

The Crypto Believer-🐼 Автор вопроса
CryptoDaz (Darren)
https://t.me/kavalabs/452027

Thanks buddy... Anyway the Binance APY is on 120 days right? So, still more convenient to stake native ... Am I right?

The Crypto Believer 🐼
Thanks buddy... Anyway the Binance APY is on 120 d...

Appear so, I've not really looked at the Binance details. Obviously vesting Kava can't be supplied to Binance

The Crypto Believer-🐼 Автор вопроса
CryptoDaz (Darren)
Appear so, I've not really looked at the Binance d...

Yes obviously I meant, eventually to move the bag on Binance and stake there. But is 24.9 APY on 120 days max cycle, so is not year based I guess.

The Crypto Believer 🐼
Yes obviously I meant, eventually to move the bag ...

The 24.9% is an APY so each 120 period would get you a little over 8% If you could renew and keep your kava in that product for 365 days you would have increased your balance by 24.9%

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