Cryptocurrency Q&A What is the difference between yield and interest rates?

What is the difference between yield and interest rates?

Martino Martino Sun Aug 04 2024 | 7 answers 1231
Could you please explain the distinction between yield and interest rates? I've heard these terms used interchangeably, but I'm not entirely sure of the nuances between them. Are they both measures of return on investment, or do they serve different purposes? And if so, how do they differ in the context of cryptocurrency and finance? What is the difference between yield and interest rates?

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