Doge Reward
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Doge Reward Finance APY
APY stands for Annual Percentage Yield. This measures the real rate of return on your principal tokens amount by taking into account the effect of compounding interest. In the case of Doge Reward Finance, your $DORE tokens represent your principal, and the compound interest is added periodically on every Rebase event (Every 10 minutes).
Your new principal amount is your then current $DORE token amount, plus your new rebase token amount. This total amount is what gets calculated for your next rebase rewards.
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