# How is the APY calculated?

APY calculation.

The **APY** is calculated from the reward yield (a.k.a. rebase rate) using the following equation:

It raises to the power of 52,560.00 because a rebase happens 144 times daily. Consider there are 365 days in a year, this would give a rebase frequency of 365 * 144 = 52,560.00 APY = (1 + rewardYield)^52,560.00

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