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Cryptocurrency Q&A What does 100% APY mean?

What does 100% APY mean?

SamsungShiningStar SamsungShiningStar Mon Nov 18 2024 | 5 answers 1161
I'm trying to understand the concept of APY, specifically what it means when something offers a 100% APY. I want to know how this percentage affects my investments and what kind of returns I can expect with such a rate. What does 100% APY mean?
100% apy meaning financial term

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