Compounding

Compounding depends on reusing earnings, not merely displaying an APY label. These articles explain rate conventions, fee timing, token reward accounting, and the assumptions needed to extend a short observation period into an annual illustration.

Follow the arithmetic using a consistent unit and period. For variable rewards, separate what has already been earned from the assumed future pace. An exact formula can still produce a misleading forecast when the reinvestment or rate assumptions do not match the product.