Points APR
How We Calculate Implied APR for Points
Last updated
How We Calculate Implied APR for Points
Last updated
Although Points don't have an official APR, we can derive an implied APR by examining what users are willing to pay for Points "yield" in the Pendle & Spectra YT markets. The following formula demonstrates our method for calculating the implied APR for Points:
By combining the Levered APR stemming from Native Yield and the Points APR, we can calculate the Total Looped APR as follows:
ynETH Points Implied Yield is a sum of both EigenLayer Points and Yieldnest Seeds
ynETH 5x
15
3 Yieldnest, 1 EigenLayer
To convert APR to APY, apply the continuous compounding formula: