APY
APY estimates annualized return after compounding, though crypto yields can change quickly.
Category
DeFi Yield
DeFi yield products use lending, collateral, and incentive mechanics to create returns and risks.
How to recognize this theme
Terms used when earning return from on-chain capital.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
Yield Farming
Yield farming is the practice of allocating crypto assets to earn protocol incentives or fees.
Lending Pool
A lending pool lets users supply assets that other users can borrow against collateral.
Collateral
Collateral is an asset pledged to secure a loan or leveraged position.