# lpAsset

The APR you're seeing is a **virtual** one, calculated using the formula:

**Interest rate ×** [**Utilization rate**](/the-protocol/earning-passive-agressive/utilization-rate.md) **× (lpETH supply / slpETH supply)**

However, it's important to note that rewards **only accrue when someone repays their debt.**

This means while the displayed APR reflects potential earnings based on market conditions, actual returns depend on borrower activity—no repayments, no rewards.

<figure><img src="/files/Fz5tHxHE4XwEVCROh2jE" alt=""><figcaption><p>lpETH Staking APR</p></figcaption></figure>


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