You’re in the fortunate position of having funds to invest. How can you choose between the numerous potential investments available to you, with their different yields, risks and durations? This question sometimes trips up even highly astute observers. Here, we’ll review some basic ways to compare returns and then look at how the return numbers of the Yearn vaults ended up having a long-standing mistake.

APR and APY

Let’s start with the basics. Boomer Bank offers an instant access bank account with 2% interest, paid once per year in arrears. Scambank also offers a similar accout, but it pays 0.5% interest per quarter. Which of these accounts is better?

I have been an investor in, and a customer of, Nexo for some time now. Naturally, I have done my best to conduct due diligence on the company. Here, I’ll explain why I found Nexo an attractive investment and why I eventually decided to head for the exit.

Nexo is a crypto lender, operating as a traditional centralized company rather than as a collection of smart contracts like its competitors in DeFi. Currently, the major players in the CeFi sector are Nexo, Celsius Network, BlockFi, and Crypto.com. Smaller contenders include Ledn from Canada and Russian-Estonian CoinLoan.

You’re in the fortunate position of having funds to invest. How can you choose between the numerous potential investments available to you, with their different yields, risks and durations? This question sometimes trips up even highly astute observers. Here, we’ll review some basic ways to compare returns and then look at how the return numbers of the Yearn vaults ended up having a long-standing mistake.

APR and APY

Let’s start with the basics. Boomer Bank offers an instant access bank account with 2% interest, paid once per year in arrears. Scambank also offers a similar accout, but it pays 0.5% interest per quarter. Which of these accounts is better?