Announcement on the Adjustment of LP APY Formula

Dear users,

Greetings! With a research on DeFi products from various chains, a dual LP amount calculation method is generally used for LP APY calculation. In order to be consistent with general standard, Defibox is going to adjust LP APY calculation formula on June 11, 2021. The real APY does not change after the adjustment, and a compound yield is added:

Real-time APY is calculated by dual-LP amount in liquidity pool;

Compound APY is calculated with the assumption of claiming reward and add it to LP continuously;

*The APY indicator is only an estimation for your investment yield and it does not represent the true APY.

Friendly reminder: Anyone can list token freely on Defibox Swap and can create a liquidity pool. Please be aware of the possible risks.

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Defibox Foundation
June 11, 2021