Affiliates are individuals or entities that promote cryptocurrency products or services through specific links or codes and earn commissions from successfully converted users. This partnership operates on a performance-based compensation model, commonly structured as fixed fees, percentage of trading volume, recursive commissions, or tiered commission systems.
apy
Annual Percentage Yield (APY) is a financial metric that represents the total rate of return an investment might earn over a year when accounting for the effect of compounding. In cryptocurrency, it's commonly used to express the expected return rate on DeFi products such as staking, lending platforms, or liquidity pools, with compounding effects already calculated, allowing investors to intuitively compare the earning potential across different protocols.
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