All Collections
Bake Products
Liquidity Mining
Are the rewards in liquidity mining guaranteed?
Are the rewards in liquidity mining guaranteed?
Updated over a week ago

The Liquidity Mining yield figure displayed on Bake is an estimated APR value based on the 7 day average (14 reward cycles), and is subject to change.

What Is an Annual (yearly) Percentage Rate (APR)?

The annual (yearly) percentage rate (APR) is the real rate of return earned on a savings deposit or investment. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment. This includes any fees or additional costs associated with the transaction, but it does NOT take compounding into account. The APR provides consumers with a bottom-line number they can easily be compared with other rates.

Please note: This is not a static rate, nor is it a future forecast, but rather a flexible rate which is subject to change.
For a detailed explanation of what APR is and how it differs from APY (Annual Percentage Yield), check out this article.

The liquidity mining yield can fluctuate due to a variety of factors, most notably:

  • A higher number of liquidity mining participants, respectively an increase in liquidity, results in fewer rewards that are paid out to liquidity mining pools. This also decreases the individual rewards each person receives.

  • Time delays and block failures, respectively fluctuations in block-time, could lead to delays or irregularities in the reward payout.

  • During times of updates, maintenance or downtimes, rewards can be lower than usual.

  • If the price of an asset changes in relation to the other assets in the pool

These cases are not determined by, nor can they be influenced by, Bake. Bake serves as a technical provider and only forwards the received liquidity mining rewards to its users.

If you have any questions about future reward payments, emission-rates or future developments of the liquidity mining yield, we recommend that you read the project’s respective white paper or contact the project directly.

Did this answer your question?