The staking yield figure displayed on Cake DeFi is an estimated APY based on the 7 day average (14 reward cycles), and is subject to change.
What is the Annual (Yearly) Percentage Yield (APY)?
The APY is the rate of return earned on a savings deposit or investment. It also takes into account the effect of compounding interest over a one year period. Please note: This is not a fixed or static rate, nor is it a future forecast but rather a flexible rate which is subject to change.
For a detailed explanation of what APY is and how it differs from APR (Annual Percentage Return), check out this article.
The staking yield can fluctuate due to a variety of factors, most notably:
- A higher number of staking masternodes in operation, resulting in block rewards being paid out to larger pools and thus, smaller rewards per individual.
- Time delays or failures of blocks, which is why there may sometimes be delays or irregularities in the payment of rewards.
Both cases are not determined by, nor can they be influenced by, Cake DeFi. Cake DeFi serves as a technical provider and only forwards the received staking rewards to the users.