If you want to know how profitable your investment is, look no further than the rate of return on your certificate of deposit (CD), share of stock, or government bond. The Annual Percentage Yield (APY) is the rate of return you would earn over one year, assuming that you start with a principal amount and add the same amount of principal at the end of every year. TAP rewards rebasing tokens that can increase in value as the ecosystem growsĪnnual Percentage Yield (APY) Introduction
TAP rewards holders every 10 minutes, not just once a day like other yield protocols TAP’s unique price stability mechanism provides a fixed APY that cannot be manipulated by whales, bots or team members TAP pays out more than any other yield protocol and has the potential to put more profits in your pocket. TALETE Autostaking Protocol (TAP) is a new way to earn high, fixed APYs on your crypto. This continues each day until you have earned 1% on your principal for the year.
On your second day, you will earn 0.01% on your principal plus the interest from day 1. For example, if your $TALETE balance earns a 1% interest rate per year, on your first day you earn 0.01% interest on your primary balance. This means that you will be earning interest on your interest. The APY in $TALETE Token is a measure of the rate of return on your principal tokens amount by taking into account the effect of compounding interest.
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